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FX.co ★ EUR/USD Intraday Technical Level For 13rd / 2011

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Forex Analysis:::2011-09-13T08:44:01

EUR/USD Intraday Technical Level For 13rd / 2011

EUR/USD Intraday Technical Level For 13rd / 2011

TODAY TECHNICAL LEVEL :

Breakout BUY Level : 1.3706.

Strong Resistance : 1.3698.

Original Resistance : 1.3685.

Inner Sell Area : 1.3672.

Target Inner Area : 1.3640.

Inner Buy Area : 1.3608.

Original Support : 1.3595.

Strong Support : 1.3582.

Breakout SELL Level : 1.3574.

DESCRIPTION :

Today EUR/USD has support and resistance at 1.3595 and 1.3685 is accompanied by a strong support at 1.3582 and 1.3698 as strong resistance; If today EUR/USD can break out and close below the 1.3574 level then this indicates considerable Bearish strength, while if the EUR/USD today can break out and close above the 1.3706 level then this indicates considerable Bullish strength . Alternatively you can trade in a way to open BUY position at the level of 1.3608 and 1.3672 SELL position in which case both targets are at the 1.3640 level.

Analyst InstaForex
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