Weekly technical levels for EUR/USD for January 13-17, 2014

Trading recommendations and outlooks for today:В 

• The weekly technical levels of the EUR/USD pair on January 13, 2014. Besides, the market was trapped between the level of 1.3600 and the 1.3725 level, consequently it expects:В 

• First outlook: Buy (buy limit) above 1.3630 with the first target of 1.3690, it might resume to 1.3730.В 
• Second outlook: Swing trade (sell limit) at 1.3750 in order to sell with a target of 1.3636 in order to test the weekly pivot point at the 1.3634 level.В 
• Third outlook: Below 0.7910 (sell stop) look for further downside with 0.36 and 1.3573 targets.

The material has been provided by InstaForex Company – www.instaforex.com