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FX.co ★ EUR/USD Technical Analysis. Support And Resistance Levels For November 23, 2010

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Forex Analysis:::2010-11-23T08:50:55

EUR/USD Technical Analysis. Support And Resistance Levels For November 23, 2010

EUR/USD Technical Analysis. Support And Resistance Levels For November 23, 2010

Today Technical Level's :

Breakout Buy level : 1.3653.
Strong Resistance : 1.3645.
Original Resistance : 1.3632.
Inner Sell Area : 1.3619.
Target Inner Area : 1.3587.
Inner Buy Area : 1.3555.
Original Support : 1.3542.
Strong Support : 1.3529.
Breakout Sell level : 1.3521.

Today Outlook :

The EUR/USD currency pair still retains its downside bias and the level of 1.3550 will be the next target for this pair today. If the downwards movement is strong enough, the mark of 1.3525 will be a second target for this pair today before it moves to the mark of 1.3500. But if today this pair reverses to upside to 1.3575 it will stop today's downside movement and at least the pair will enter into the congestion situation. In case today this pair after reversal gets a strong momentum to up, the level of 1.3600 will be the next target.

Analyst InstaForex
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