EUR/USD weekly technical levels for November 18-22, 2013



Intraday trading recommendations:
EUR/USD: According to the previous events, the price has still been trapped between 1.3540 and 1.3460. The level of 1.3550 will indicate strong resistance; moreover, the price will form a double top at this level. Therefore, it will be wise to sell at 1.3450 with the first target at 1.3425, then it will continue towards 1.3392 in order to test the weekly suppor 1. And stop loss should be placed above 1.3575.


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