TODAY's TECHNICAL LEVELS: Breakout BUY Level: 1.3688. Strong Resistance: 1.3680. Original Resistance: 1.3667. Inner Sell Area: 1.3654. Target Inner Area: 1.3622. Inner Buy Area: 1.3590. Original Support: 1.3577. Strong Support: 1.3564. Breakout SELL Level: 1.3556. DESCRIPTION: Today EUR/USD has support and resistance at 1.3577 and 1.3667. The rate is accompanied by strong support at 1.3564 and by 1.3680 as strong resistance. If EUR/USD breaks out and closes below 1.3556 today, then it will indicate considerable bearish strength. Meanwhile, if EUR/USD manages to break out and closes above 1.3688, 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 1.3590 and at 1.3654, a SELL position. In this case both targets should be located at the level of 1.3622.
