Condições de Negociações
Ferramentas
In the Euro Zone some news will be released like Italian Trade Balance; CPI y/y; and Core CPI y/y; although today the ECOFIN Meeting is scheduled; in the US market during today's session news like Empire State Manufacturing Index; Import Prices m/m; Capacity Utilization Rate; Industrial Production m/m; and Wholesale Inventories m/m are to be released. All the data usually has a moderate impact on the market.
TODAY's TECHNICAL LEVELS:
Breakout BUY level: 1.3519.
Strong Resistance:1.3511.
Original Resistance: 1.3498.
Inner Sell Area: 1.3485.
Target Inner Area: 1.3453.
Inner Buy Area: 1.3421.
Original Support: 1.3408.
Strong Support: 1.3395.
Breakout SELL level: 1.3387.
DESCRIPTION:
Today EUR/USD has support and resistance at 1.3408 and 1.3498. The rate is accompanied by strong support at 1.3395 and by 1.3511 as strong resistance.
If EUR/USD breaks out and closes below the 1.3387 level today, then it will indicate considerable bearish strength. Meanwhile, if EUR/USD manages to break out and closes above 1.3519 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 1.3421 and at 1.3485, a SELL position. In this case both targets should be located at the level of 1.3453.
Best regards,
Arief Makmur
Official Analyst of InstaForex Group
InstaForex Group
http://instaforex.eu
blog.mt5.com/arief
http://www.mt5.com/forex_analysis_award/profile/index/arief
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