TODAY's   TECHNICAL   LEVELS:

Breakout BUY Level: 1.2315.

Strong Resistance : 1.2308.

Original Resistance: 1.2296.

Inner Sell Area: 1.2285.

Target Inner Area: 1.2255.

Inner Buy Area: 1.2226.

Original Support: 1.2214.

Strong Support: 1.2202.

Breakout SELL Level: 1.2196.

DESCRIPTION:

Presently, EUR/USD support and resistance are at 1.2214 and 1.2308, being accompanied by strong support at 1.2202 and by 1.2308 as strong resistance.

If EUR/USD breaks out and closes below a 1.2196-level today, then this will indicate considerable bearish strength, while if EUR/USD manages to break out and close above a 1.2315-level, then this will denote high bullish strength. Alternatively, you can trade in a way to open a BUY position at the level of 1.2226, and at 1.2285 – a SELL position, in this case both targets should be located at the level of 1.2255.

Best regards,