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FX.co ★ EUR/USD Technical Analysis. Support & Resistance Lines For June; 29th/2010

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Forex Analysis:::2010-06-29T12:00:00

EUR/USD Technical Analysis. Support & Resistance Lines For June; 29th/2010

After the significant downward movement of the pair yesterday, now in early morning Indonesian West time (WIB) an important intraday area for a day trader has been determined for today. Here is the levels that we mean:

Breakout Buy level : 1.2347.
Strong Resistance : 1.2340.
Original Resistance : 1.2328.
Inner Sell Area : 1.2316.
Target Inner Area : 1.2287.
Inner Buy Area : 1.2258.
Original Support : 1.2246.
Strong Support : 1.2234.
Breakout Sell level : 1.2227.

EUR/USD Technical Analysis. Support & Resistance Lines For June; 29th/2010

Analyst InstaForex
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