FX.co ★ EUR/USD weekly technical levels for September 16 - 20, 2013

Weekly technical levels:

Intraday trading recommendations:

EUR/USD:

• According to the previous events, the price has still been trapped between 1.3350 and 1.3200.
• The level of 1.3262 will indicate strong support. Moreover, the price will form a double bottom at this level (1.3255).
• Therefore, it will be wise to buy at 1.3262 with the first target at 1.3360 (the weekly resistance 1), then it will continue towards 1.34120.
• The stop loss should be placed below 1.3205.