EUR/USD Intraday Technical Levels for March 27, 2012

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TODAY TECHNICAL LEVEL :

Breakout BUY Level : 1.3422.
Strong Resistance : 1.3412.
Original Resistance : 1.3402.
Inner Sell Area : 1.3388.
Target Inner Area : 1.3357.
Inner Buy Area : 1.3325.
Original Support : 1.3312.
Strong Support : 1.3299.
Breakout SELL Level : 1.3291.

DESCRIPTION :

Today the EUR/USD pair has support and resistance level at 1.3312 and 1.3402 respectively and is accompanied by a strong support 1.3299 and resistance 1.3412 levels.
If EUR/USD pair breaks throughand closes below a 13291 level today, then this will indicate a considerable bearish strength, while if the EUR/USD pair is managed to overcome and close above a 1.3422 level, we will be able to observe
a bullish strength. It is possible to trade otherwise by opening a BUY position at the level 1.3325 and SELL position at 1.3388. In this case both targets should be located at the level of 1.3357.