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FX.co ★ EUR/USD Technical Analysis. Support And Resistance Levels For November 09, 2010

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Forex Analysis:::2010-11-09T08:14:41

EUR/USD Technical Analysis. Support And Resistance Levels For November 09, 2010

EUR/USD Technical Analysis. Support And Resistance Levels For November 09, 2010

Breakout Buy level : 1.3928.
Strong Resistance : 1.3920.
Original Resistance : 1.3907.
Inner Sell Area : 1.3894.
Target Inner Area : 1.3861.
Inner Buy Area : 1.3828.
Original Support : 1.3815.
Strong Support : 1.3801.
Breakout Sell level : 1.3793.

Since yesterday the EUR/USD pair broke through and closed below 1.3925 level and hit the target. 1 at 1.3875, this pair now tries to reach the 1.3775 level areas as a target. 2. However, usually before this pair reaches the target.2 it has a change to re-test again the 1.4000 level area before it goes down to 1.3750.

Analyst InstaForex
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