TODAY'S TECHNICAL LEVELS:
Breakout BUY Level: 1.2952.
Strong Resistance: 1.2945.
Original Resistance: 1.2932.
Inner Sell Area: 1.2919.
Target Inner Area: 1.2889.
Inner Buy Area: 1.2859.
Original Support: 1.2846.
Strong Support: 1.2833.
Breakout SELL Level: 1.2826
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DESCRIPTION:
Today EUR/USD has support and resistance at 1.2846 and 1.2932. The rate is accompanied by strong support at 1.2833 and by 1.2945 as strong resistance.
If EUR/USD breaks out and closes below 1.2826 level today, then it will indicate considerable bearish strength. Meanwhile, if EUR/USD manages to break out and closes above 1.2952 level, then it will denote high bullish strength. Alternatively, for advance traders, you can trade in a way to open a BUY position at the level of 1.2859 and at 1.2919, a SELL position. In this case both targets should be located at the level of 1.2889.
Breakout BUY Level: 1.2952.
Strong Resistance: 1.2945.
Original Resistance: 1.2932.
Inner Sell Area: 1.2919.
Target Inner Area: 1.2889.
Inner Buy Area: 1.2859.
Original Support: 1.2846.
Strong Support: 1.2833.
Breakout SELL Level: 1.2826
.
DESCRIPTION:
Today EUR/USD has support and resistance at 1.2846 and 1.2932. The rate is accompanied by strong support at 1.2833 and by 1.2945 as strong resistance.
If EUR/USD breaks out and closes below 1.2826 level today, then it will indicate considerable bearish strength. Meanwhile, if EUR/USD manages to break out and closes above 1.2952 level, then it will denote high bullish strength. Alternatively, for advance traders, you can trade in a way to open a BUY position at the level of 1.2859 and at 1.2919, a SELL position. In this case both targets should be located at the level of 1.2889.
