EUR/USD Technical Analysis. Support And Resistance Levels For October 06, 2010

Breakout Buy level : 1.3918.
Strong Resistance : 1.3910.
Original Resistance : 1.3897.
Inner Sell Area : 1.3883.
Target Inner Area : 1.3851.
Inner Buy Area : 1.3818.
Original Support : 1.3805.
Strong Support : 1.3791.
Breakout Sell level : 1.3783.

Yesterday in a daily timeframe, Gold (XAU/USD) and Nasdaq Composite have formed two bullish candlesticks Marubozu and Bullish Engulfing respectively, it seems the bullish situation still dominates in EUR/USD currency today, especially if the Crude Oil can break and close above the previous high at 82.98. However, we must consider the strong resistance level of 1.3910 as a barrier for this pair in an upward movement. If this pair goes down again, please pay attention for these 2 support levels: 1.3710 and 1.3574 because if these 2 levels hit today, it seems EUR/USD will reverse up again.