FX.co ★ EUR/USD Technical Analysis. Support And Resistance Levels For December 01, 2010

Today Technical Level :

Breakout Buy level : 1.3056.
Strong Resistance : 1.3048.
Original Resistance : 1.3036.
Inner Sell Area : 1.3023.
Target Inner Area : 1.2993.
Inner Buy Area : 1.2962.
Original Support : 1.2950.
Strong Support : 1.2937.
Breakout Sell level : 1.2930.

Today Outlook :

At present the EUR/USD is traded in the range of 1.3025 – 1.2975. In case this pair breaks up and closes above the level of 1.3025, then 1.3050 will be a first target and 1.3075 – a second target before the EUR/USD will move to 1.3100. On the other hand if this pair can break out and close below the level of 1.2975, then the pair probably will reach the mark of 1.2950. In case today the momentum to downsides is strong enough then the pair will reach the level of 1.2925 before it moves to 1.2900.