TODAY's TECHNICAL LEVELS:
Breakout BUY Level : 1.2874.
Strong Resistance : 1.2866.
Original Resistance : 1.2854.
Inner Sell Area : 1.2842.
Target Inner Area : 1.2811.
Inner Buy Area : 1.2780.
Original Support : 1.2768.
Strong Support : 1.2756.
Breakout SELL Level : 1.2748.
DESCRIPTION :
Today EUR/USD has support and resistance at 1.2768 and 1.2854 and is accompanied by strong support at 1.2756 and by 1.2866 as strong resistance.
If EUR/USD breaks out and closes below a 1.2748-level today, then this will indicate considerable bearish strength, while if EUR/USD manages to break out and close above a 1.2874-level, then this will denote high bullish strength. Alternatively, you can trade in a way to open a BUY position at the level of 1.2780, and at 1.2842– a SELL position, in this case both targets should be located at the level of 1.2811.
Breakout BUY Level : 1.2874.
Strong Resistance : 1.2866.
Original Resistance : 1.2854.
Inner Sell Area : 1.2842.
Target Inner Area : 1.2811.
Inner Buy Area : 1.2780.
Original Support : 1.2768.
Strong Support : 1.2756.
Breakout SELL Level : 1.2748.
DESCRIPTION :
Today EUR/USD has support and resistance at 1.2768 and 1.2854 and is accompanied by strong support at 1.2756 and by 1.2866 as strong resistance.
If EUR/USD breaks out and closes below a 1.2748-level today, then this will indicate considerable bearish strength, while if EUR/USD manages to break out and close above a 1.2874-level, then this will denote high bullish strength. Alternatively, you can trade in a way to open a BUY position at the level of 1.2780, and at 1.2842– a SELL position, in this case both targets should be located at the level of 1.2811.
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