Here is intraday important trading levels for this pair today:
Breakout Buy level : 1.2742.
Strong Resistance : 1.2735.
Original Resistance : 1.2723.
Inner Sell Area : 1.2711.
Target Inner Area : 1.2680.
Inner Buy Area : 1.2651.
Original Support : 1.2639.
Strong Support : 1.2627.
Breakout Sell level : 1.2619.
Quick View of the market:
Germany which is the largest economy in the European Union is currently struggling to stabilize the economy in the country. Despite a positive note at its economic growth, the other data is the country's economy still looks slow.
For example one of the main orders in German manufacturing orders look down in July 2010 that is due to weakening demand for manufactured products from the EU for the unstable economy in the European zone.