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Friday, March 30, 2012

EUR/USD Intraday Technical Levels for March 30, 2012


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TODAY's TECHNICAL LEVEL :

Breakout BUY Level : 1.3379.
Strong Resistance : 1.3371.
Original Resistance : 1.3358.
Inner Sell Area : 1.3345.
Target Inner Area : 1.3314
Inner Buy Area : 1.3283.
Original Support : 1.3270.
Strong Support : 1.3257.
Breakout SELL Level : 1.3249.

DESCRIPTION :

Today the EUR/USD pair has support and resistance levels at 1.3283 and 1.3358 respectively and is accompanied by the strong support 1.3257 and 1.3371 resistance levels.
If the EUR/USD pair breaks thrpugh and closes below a 1.3249 level today, then this will indicate a considerable bearish strength, while if the EUR/USD pair manages to break out and close above a 1.3379 level, then this will indicate the presence of bullish strength. It is possible to trade otherwise by opening a BUY position at level 1.3283 and SELL position at level 1.3345 , provided that both targets are located at level 1.3314.

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