Today EUR/USD has support and resistance at 1.2853 and 1.2936 and is accompanied by strong support at 1.2842 and by 1.2948 as strong resistance.If EUR/USD breaks out and closes below a 1.2834-level today, then this will indicate considerable bearish strength, while if EUR/USD manages to break out and close above a 1.2955-level, then this will denote high bullish strength. Alternatively, you can trade in a way to open a BUY position at the level of 1.2864, and at 1.2924– a SELL position, in this case both targets should be located at the level of 1.2895.
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