Chart Explanation: The black line shows the pivot point. The present price above the pivot point indicates a bullish position, and the price below the pivot point indicates a short position. The red lines show the support levels, and the green line indicates the resistance levels. These levels can be used to enter and exit trades.
Strategy: BUY, stop loss at 1.3275, take profit at 1.3350.
Resistance levels: 1.3350, 1.3380, and 1.3410
Support levels: 1.3275, 1.3250, and 1.3205
The material has been provided by InstaForex Company - www.instaforex.com