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FX.co ★ EUR/USD Technical Analysis. Support And Resistance Levels For October 27, 2010

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Forex Analysis:::2010-10-27T09:38:41

EUR/USD Technical Analysis. Support And Resistance Levels For October 27, 2010

EUR/USD Technical Analysis. Support And Resistance Levels For October 27, 2010

Breakout Buy level : 1.3912.
Strong Resistance : 1.3904.
Original Resistance : 1.3891.
Inner Sell Area : 1.3878.
Target Inner Area : 1.3845.
Inner Buy Area : 1.3812.
Original Support : 1.3799.
Strong Support : 1.3786.
Breakout Sell level : 1.3777.

Yesterday, after the EUR/USD broke through the level of 1.3925 and hit the target. 1 at 1.3875, it was going downside to the target. 2 at 1.3825, and further it fell to 1.3800. If this pair can break (and close) below the level of 1.3775, there is a possibility that the EUR/USD will go to 1.3750 level. However, if this pair after hit the level of 1.3800 cannot break and close below 1.3775, it will lead this pair to the sideways movement until tomorrow or it can reverse up again to 1.3975 level area.

Analyst InstaForex
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