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Monday, September 26, 2011

EUR/USD Intraday Technical Level For September 26th / 2011


Technical analysis

Arief Makmur




TODAY  TECHNICAL  LEVEL :

Breakout BUY Level : 1.3580.
Strong Resistance : 1.3572.
Original Resistance : 1.3560.
Inner Sell Area : 1.3546.
Target Inner Area : 1.3514.
Inner Buy Area : 1.3482.
Original Support : 1.3470.
Strong Support : 1.3457.
Breakout SELL Level : 1.3449.


DESCRIPTION :

Today EUR/USD has the support and resistance at 1.3470 and 1.3560 is accompanied by a strong support at 1.3457 and 1.3572 strong resistance; If today EUR/USD can break out and close below the 1.3449 level then this indicates considerable Bearish strength, while if the EUR/USD today can break out and close above the 1.3580 level then this indicates considerable Bullish strength . Alternatively you can trade in a way to open BUY position at the level of 1.3482 and 1.3546 for SELL position in which both targets are at the 1.3514 level.
 http://instaforex.com/forex_analysis/39560/?x=OUE
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