Breakout BUY Level : 1.3090.
Strong Resistance : 1.3081.
Original Resistance : 1.3070.
Inner Sell Area : 1.3058.
Target Inner Area : 1.3027.
Inner Buy Area : 1.2996.
Original Support : 1.2984.
Strong Support : 1.2971.
Breakout SELL Level : 1.2964.
DESCRIPTION :Today EUR/USD has support and resistance at 1.2984 and 1.3070 and is followed by strong support at 1.2971 and by 1.3081 as considerable resistance.
If EUR/USD breaks out and closes below 1.2964 today, then this will denote significant bearish force, though if EUR/USD manages to puncture and close above a 1.3090-level, then this will show high bullish strength. Alternatively, you can trade in a way to open a BUY position at the level of 1.2996, and at 1.3058– a SELL position, in this case both targets should be located at the level of 1.3027.