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FX.co ★ EUR/USD Intraday Technical Levels for April 13, 2012

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Forex Analysis:::2012-04-13T07:10:12

EUR/USD Intraday Technical Levels for April 13, 2012

EUR/USD Intraday Technical Levels for April 13, 2012

TODAY's TECHNICAL LEVEL :

Breakout BUY Level : 1.3253.

Strong Resistance : 1.3245.

Original Resistance : 1.3233.

Inner Sell Area : 1.3220.

Target Inner Area : 1.3189.

Inner Buy Area : 1.3157.

Original Support : 1.3145.

Strong Support : 1.3132.

Breakout SELL Level : 1.3124.

DESCRIPTION :

Today the EUR/USD pair has support and resistance levels at 1.3145 and 1.3233 respectively and is accompanied by strong support 1.3132 and 1.3245 strong resistance levels.

If the EUR/USD pair breaks through and closes below a 1.3124 level today, then this will indicate considerable bearish strength, while if the EUR/USD pair manages to break through and close above a 1.3253 level, then this will denote high bullish strength. Alternatively, you can trade in a way to open a BUY position at level 1.3157 and SELL position at 1.3220 level, provided that both targets are located at level 1.3189.

Best regards,
Arief Makmur
Official Analyst of InstaForex Companies Group

Analyst InstaForex
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