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FX.co ★ EUR/USD Technical Analysis. Support And Resistance Levels For September 2, 2010

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Forex Analysis:::2010-09-02T12:00:00

EUR/USD Technical Analysis. Support And Resistance Levels For September 2, 2010

The EUR/USD pair was strengthening on the trading session in London, but when the US market opened and the ISM data were released, the pair decelerated till this morning, as the figures published amounted to 56.3 in August; thus, it can be stated that the factory managers have optimistic anticipations about the market sales especially during this holiday season.
The important intraday trading levels for today are:

Breakout Buy level : 1.2858.
Strong Resistance : 1.2850.
Original Resistance : 1.2838.
Inner Sell Area : 1.2825.
Target Inner Area : 1.2795.
Inner Buy Area : 1.2764.
Original Support : 1.2752.
Strong Support : 1.2739.
Breakout Sell level : 1.2732.

EUR/USD Technical Analysis. Support And Resistance Levels For September 2, 2010

Analyst InstaForex
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