Eurusd TODAYs TECHNICAL LEVELS:Breakout BUY level: - TopicsExpress



          

Eurusd TODAYs TECHNICAL LEVELS:Breakout BUY level: 1.3848.Strong Resistance: 1.3839.Original Resistance: 1.3826.Inner Sell Area: 1.3813.Target Inner Area: 1.3780.Inner Buy Area: 1.3747.Original Support: 1.3734.Strong Support: 1.3721.Breakout SELL level: 1.3712.DESCRIPTION:Today EUR/USD has support and resistance at 1.3734 and 1.3826. Therate is accompanied by strong support at 1.3721 and by 1.3839 as strong resistance.If EUR/USD breaks out and closes below 1.3712 level today, then it willindicate considerable bearish strength. Meanwhile, if EUR/USD manages to break out and closes above 1.3848 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 1.3747 and at 1.3813, a SELL position. In this case both targets should be located at the level of 1.3780. Best regards, Tanvirul Islam
Posted on: Thu, 24 Oct 2013 07:54:36 +0000

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