EUR/USD Intraday Technical Levels for March 20, 2012

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TODAY's TECHNICAL LEVEL :

Breakout BUY Level : 1.3292.
Strong Resistance : 1.3284.
Original Resistance : 1.3272.
Inner Sell Area : 1.3259.
Target Inner Area : 1.3228.
Inner Buy Area : 1.3196.
Original Support : 1.3184.
Strong Support : 1.3171.
Breakout SELL Level : 1.3163.

DESCRIPTION :

Today the EUR/USD pair has support and resistance levels at 1.3184 and 1.3272 and is accompanied by the strong support 1.3171 and strong resistance 1.3284.
If EUR/USD pair breaks through and closes below the 1.3163 level today, this will indicate considerable bearish strength, while if the EUR/USD pair breaks through and closes above a 1.3292 level, the strong sign of a bullish strength will be provided. It is possible to trade otherwise by opening BUY positions at 1.3196 level and SELL position at 1.3259 level. In this case both targets are to be located at the level 1.3228.