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FX.co ★ EUR/USD Technical Analysis. Support And Resistance Line For July; 22nd/2010

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Forex Analysis:::2010-07-22T12:00:00

EUR/USD Technical Analysis. Support And Resistance Line For July; 22nd/2010

Yesterday, after the Asian market had opened this pair hit the "Inner Buy Level" area (Yellow Circle) and after that this pair directed upwards to the "inner area target " (Red Circle); but after that EUR/USD seemed to lose the upward momentum and went to the South. Thereafter this pair has already closed and opened below the "Breakout Sell Area" (Pinks circle). You can see the screenshot below:

EUR/USD Technical Analysis. Support And Resistance Line For July; 22nd/2010

The important intraday trading levels for EUR/USD today are:

Breakout Buy level : 1.2823.
Strong Resistance : 1.2815.
Original Resistance : 1.2803.
Inner Sell Area : 1.2790 .
Target Inner Area : 1.2760 .
Inner Buy Area : 1.2729.
Original Support :1.2717.
Strong Support : 1.2704.
Breakout Sell level : 1.2696 .

Here is the sceenshot below:

EUR/USD Technical Analysis. Support And Resistance Line For July; 22nd/2010

Analyst InstaForex
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