FX.co ★ EUR/USD Technical Analysis. Support And Resistance Levels For September 24, 2010

Here is an intraday important trading areas for this pair today :

Breakout Buy level : 1.3356.
Strong Resistance : 1.3348.
Original Resistance : 1.3336.
Inner Sell Area : 1.3323.
Target Inner Area : 1.3293..
Inner Buy Area : 1.3262.
Original Support : 1.3250.
Strong Support : 1.3237.
Breakout Sell level : 1.3230.

Market Overview :

The economic growth of 16 Eurozone countries decreased for the seventh consecutive month. These conditions indicate the worst decline since the area was plunged into a global financial crisis. This was revealed after the PMI survey has shown a reduction in Eurozone. Germany and France show recovery of the economic growth but the rest of Eurozone countries have a worst performance and can lead Eurozone to falling in a double-dip recession. To cut their deficit, the Eurozone countries agreed to adopt a policy tightening of budget.