Main Quotes Calendar Forum
flag

FX.co ★ EUR/USD Technical Analysis. Support & Resistance Lines For June; 10th/2010.

parent
Forex Analysis:::2010-06-10T12:00:00

EUR/USD Technical Analysis. Support & Resistance Lines For June; 10th/2010.

Today will be release of important news from ECB: Minimum Bid Rate; But in early Morning (Indonesian time) approximately. When the Asian Session starts, this pair allready hit the buying Area & reach the target & now it seems that it got a strong Momentum for going to "north" but probably only just limited movement because the fundamental of Eurozone is still weak; in the other word Sell position more advanteouges than the buy position for this pair only; but the decision is still in the traders hands; by the way here's the details of the important levels for EUR/USD for this day:

Breakout Buy Level : 1.2045.

Strong Resistance : 1.2037.

Resistance : 1.2026.

Inner Sell Area : 1.2014.

Inner Area Target : 1.1986.

Inner Buy Area : 1.1957.

Support : 1.1946.

Strong Support : 1.1934.

Breakout Sell Level : 1.1927.

Please pay attention to the News release will be incoming today.

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...