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

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Forex Analysis:::2010-11-24T08:52:21

EUR/USD Technical Analysis. Support And Resistance Levels For November 24, 2010

EUR/USD Technical Analysis. Support And Resistance Levels For November 24, 2010

Today Technical Level :

Breakout Buy level : 1.3445.
Strong Resistance : 1.3437.
Original Resistance : 1.3424.
Inner Sell Area : 1.3411.
Target Inner Area : 1.3379.
Inner Buy Area : 1.3347.
Original Support : 1.3334.
Strong Support : 1.3321.
Breakout Sell level : 1.3313.

Today Outlook :

Since the EUR/USD has already broke down the level of 1.3475, it seems that now this pair is in a range of 1.3425 – 1.3375. In case the EUR/USD can break through and close below the mark of 1.3375 it will lead to the situation that the pair goes to the level of 1.3325 as a first target and to 1.3300 as a second target. On the other hand, if the EUR/USD can strengthen above the level of 1.3425, then the level of 1.3475 will be the first target for movement and the second target will be the level of 1.3500.

Analyst InstaForex
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