FX.co ★ EUR/USD weekly technical levels for September 2 - 6, 2013

Weekly technical levels:

Intraday trading recommendations:

EUR/USD:

• According to previous events, the price has still been trapped between 1.3250 and 1.3200.
• The level of 1.3175 will indicate strong support. Moreover, the price will form a double bottom at this level (1.3175).
• Therefore, it will be wise to buy at 1.3175 with the first target at 1.3266 (the weekly pivot point), then it will continue towards 1.3350.
• The stop loss should be placed below 1.3103.