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FX.co ★ EUR/USD Technical Analysis. Support And Resistance Levels For November 22, 2010

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Forex Analysis:::2010-11-22T08:34:13

EUR/USD Technical Analysis. Support And Resistance Levels For November 22, 2010

EUR/USD Technical Analysis. Support And Resistance Levels For November 22, 2010

Today Technical Level :

Breakout Buy level : 1.3816.
Strong Resistance : 1.3808.
Original Resistance : 1.3795.
Inner Sell Area : 1.3781.
Target Inner Area : 1.3749.
Inner Buy Area : 1.3716.
Original Support : 1.3703.
Strong Support : 1.3689.
Breakout Sell level : 1.3681.

Today Outlook :

At early morning, this pair tries to reach the mark of 1.3775. If today the EUR/USD achieves and breaks through this level, then there is a possibility that the EUR/USD will move to the level of 1.3800. On the other hand, in case today the pair breaks down the mark of 1.3750, then it will point to the fact that the level of 1.3725 is a next target and probably the EUR/USD will move downwards again to the level of 1.3700. In case the downside movement is strong, the mark of 1.3675 will be the next target for this pair today.

Analyst InstaForex
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