TODAY's TECHNICAL LEVEL :
Breakout BUY Level : 1.3280.
Strong Resistance : 1.3271.
Original Resistance : 1.3259.
Inner Sell Area : 1.3246.
Target Inner Area : 1.3215.
Inner Buy Area : 1.3183.
Original Support : 1.3171.
Strong Support : 1.3158.
Breakout SELL Level : 1.3150.
DESCRIPTION :
Today EUR/USD has support and resistance at 1.3171 and 1.3259 and is accompanied by strong support at 1.3158 and by 1.3271 as strong resistance.
If EUR/USD breaks out and closes below a 1.3150-level today, then this will indicate considerable bearish strength, while if EUR/USD manages to break out and close above a 1.3280-level, then this will denote high bullish strength. Alternatively, you can trade in a way to open a BUY position at the level of 1.3183, and at 1.3246– a SELL position, in this case both targets should be located at the level of 1.3215.
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