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FX.co ★ EUR/USD Technical Analysis. Support And Resistance Levels For November 25, 2010

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Forex Analysis:::2010-11-25T08:07:48

EUR/USD Technical Analysis. Support And Resistance Levels For November 25, 2010

EUR/USD Technical Analysis. Support And Resistance Levels For November 25, 2010

Today Technical Levels :

Breakout Buy level : 1.3388.
Strong Resistance : 1.3380.
Original Resistance : 1.3367.
Inner Sell Area : 1.3354.
Target Inner Area : 1.3323.
Inner Buy Area : 1.3292.
Original Support : 1.3279.
Strong Support : 1.3266.
Breakout Sell level : 1.3258

Today Outlook :

This pair is now trading in the range between 1.3325 and 1.3275, the rebound from the level of 1.3325 will lead to the fact that the EUR/USD will re-test again the mark of 1.3375 and move to 1.3400. However, if the EUR/USD can break down the level of 1.3275 then the currency pair will move to 1.3250 and further to 1.3225, and probably it will reach 1.3200; especially if this pair closes below the yesterday’s low (1.3284).

Analyst InstaForex
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