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Friday, September 30, 2011

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



Technical analysis

Arief Makmur





TODAY  TECHNICAL  LEVEL :

Breakout BUY Level : 1.3561.
Strong Resistance : 1.3653.
Original Resistance : 1.3640.
Inner Sell Area : 1.3627.
Target Inner Area : 1.3595.
Inner Buy Area : 1.3563.
Original Support : 1.3550.
Strong Support : 1.3537.
Breakout SELL Level : 1.3529

DESCRIPTION :

Today EUR/USD has the support and resistance at 1.3550 and 1.3640 is accompanied by a strong support at 1.3537 and 1.3653 for they strong resistance; If today's EUR/USD can breakout and close below the 1.3529 level then this indicates considerable Bearish strength, while if the EUR/USD today can breakout and close above the 1.3561 level then this indicates considerable Bullish strength . Alternatively you can trade in a way to open BUY position at the level of 1.3563 and 1.3627 for SELL position in which case both targets are at the 1.3595 level.
http://instaforex.com/forex_analysis/40100/?x=OUE
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