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FX.co ★ EUR/USD Intraday Technical Level For November 30th / 2011

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Forex Analysis:::2011-11-30T06:46:14

EUR/USD Intraday Technical Level For November 30th / 2011

EUR/USD Intraday Technical Level For November 30th / 2011

TODAY TECHNICAL LEVEL :

Breakout BUY Level : 1.3395.

Strong Resistance : 1.3387.

Original Resistance : 1.3375.

Inner Sell Area : 1.3362.

Target Inner Area : 1.3331.

Inner Buy Area : 1.3299.

Original Support : 1.3287.

Strong Support : 1.3274.

Breakout SELL Level : 1.3267.

DESCRIPTION :

Today EUR/USD has support and resistance at 1.3287 and 1.3375 is accompanied by a strong support at 1.3274 and 1.3387 for the strong resistance; If today the EUR/USD can break out and close below the 1.3267 level then this indicates considerable Bearish strength, while if the EUR/USD today can break out and close above the 1.3395 level then this indicates considerable Bullish strength. Alternatively you can trade in a way to open BUY position at the level of 1.3299 and 1.3362 for SELL position in which case both targets are located at the 1.3331 level.

Analyst InstaForex
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