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FX.co ★ EUR/USD Intraday Technical Levels for March 26, 2012

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Forex Analysis:::2012-03-26T07:29:01

EUR/USD Intraday Technical Levels for March 26, 2012

EUR/USD Intraday Technical Levels for March 26, 2012

TODAY's TECHNICAL LEVEL :

Breakout BUY Level : 1.3347.

Strong Resistance : 1.3339.

Original Resistance : 1.3327.

Inner Sell Area : 1.3314.

Target Inner Area : 1.3283.

Inner Buy Area : 1.3251.

Original Support : 1.3239.

Strong Support : 1.3226.

Breakout SELL Level : 1.3218.

DESCRIPTION :

Today the EUR/USD pair has support and resistance levels 1.3239 and 1.3327 and is accompanied by the strong support 1.3226 level and resistance level 1.3339.

If EUR/USD pair breaks out and closes below 1.3218 level today, then this will indicate the considerable bearish strength, while if the EUR/USD pair manages to break out and close above 1.3347 level, then this will denote high bullish strength. It is possible to trade otherwise by opening a BUY position at the level 1.3251 and SELL poistions at the 1.3314 level, provided that both targets should be located at the level of 1.3283.

Best regards,
Arief Makmur
Official Analyst of InstaForex Companies Group

Analyst InstaForex
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