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Monday, April 2, 2012

EUR/USD Intraday Technical Levels for April 02, 2012



TODAY'S  TECHNICAL  LEVEL :

Breakout BUY Level : 1.3421.
Strong Resistance : 1.3413.
Original Resistance : 1.3400.
Inner Sell Area : 1.3387.
Target Inner Area : 1.3355.
Inner Buy Area : 1.3323.
Original Support : 1.3310.
Strong Support : 1.3297.
Breakout SELL Level : 1.3289.

DESCRITPTION :

Today the EUR/USD pair has support and resistance at 1.3310 and 1.3400 and is accompanied by a strong support 1.3297 and 1.3413 resistance levels.
If the EUR/USD pair breaks out and closes below a 1.3289 level today, this will indicate a considerable bearish strength, while if the EUR/USD pair manages to break out and close above a 1.3421 level, the signal of bullish strenght will be provided. It is possible to  trade otherwise  to open a BUY positions at the level 1.3323, and  SELL position at level 1.3387. In this case both targets should be located at level 1.3355.

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