FX.co ★ Weekly technical levels of EUR/USD for August 25-29, 2014

Weekly technical levels of the EUR/USD pair.

Notes: 

• We expect a range about 185 pips this week.
• The risk of 123 pips must make a profit of 185 pips.
• The value of 50% Fibonacci retracement levels is 1.3329.
• The weekly pivot point will be set at the price of 1.3285.
• The level of 1.3285 and 1.3329 will confirm the bullish market.
• Volatility was 235.56; as a rule, the market is highly volatile if the last day had a huge volatility.

Technical levels:

Pair: EUR/USD

• It should be noted that the price will be moving between 1.3174 and 1.3285 today.
• Projected high: 1.3351
• Strong resistance (sell limit): 1.3330. The resistance will be at the price of 1.3329.
• Current pivot: 0.8751
• Breakout (sell stop): 1.3170. The support will be set at the price of 01.3173.
• Projected low: 1.3110