EUR/USD Technical Analysis. Support And Resistance Levels For October 04, 2010

Trading level Areas :

Breakout Buy level : 1.3842.
Strong Resistance : 1.3834.
Original Resistance : 1.3821.
Inner Sell Area : 1.3808.
Target Inner Area : 1.3775.
Inner Buy Area : 1.3742.
Original Support : 1.3729.
Strong Support : 1.3716.
Breakout Sell level : 1.3707.

EUR/USD currency pair still moves up, however, it seems that it will retrace taking into account that Gold has not overcome Friday’s high of 1320.80 and Dow Jones has not broken the high of September 30 at 10948.88. The Nasdaq 100 also moved down. So please take care for a little bit retracement to downward, but we must consider that the overall trend of EUR/USD is still directed up.