TODAY's TECHNICAL LEVELS: Breakout BUY Level: 1.3553. Strong Resistance: 1.3545. Original Resistance: 1.3522. Inner Sell Area: 1.3519. Target Inner Area: 1.3587. Inner Buy Area: 1.3455. Original Support: 1.3442. Strong Support: 1.3429. Breakout SELL Level: 1.3421. DESCRIPTION : Today EUR/USD has support and resistance at 1.3442 and 1.3522. The rate is accompanied by strong support at 1.3429 and by 1.3545 as strong resistance. If EUR/USD breaks out and closes below the 1.3421 level today, then it will indicate considerable bearish strength. Meanwhile, if EUR/USD manages to break out and closes above the 1.3553 level, then it will denote high bullish strength. Alternatively, for advance traders, you can trade in a way to open a BUY position at the level of 1.3455 and at 1.3519, a SELL position. In this case both targets should be located at the level of 1.3587.
