Breakout BUY Level : 1.3125.
Strong Resistance : 1.3117.
Original Resistance : 1.3105.
Inner Sell Area : 1.3092.
Target Inner Area : 1.3061.
Inner Buy Area : 1.3029.
Original Support : 1.3017.
Strong Support : 1.3004.
Breakout SELL Level : 1.2996.
DESCRIPTION :Today the EUR/USD pair has support and resistance levels at 1.3017 and 1.3105 and is accompanied by strong support 1.3004 and 1.3117 resistance.
If the EUR/USD pair breaks through and closes below a 1.2996 level today, then this will indicate considerable bearish strength, while if the EUR/USD pair manages to break through and close above a 1.3125 level, then this will denote high bullish strength. It is possile to trade otherwise by opening a BUY position at level 1.3029 and a SELL position at level 1.3092, provided that both targets are located at level 1.3061.
Best regards,
Arief Makmur
Official Analyst of InstaForex Companies Group
