EUR/USD Technical Analysis. Support And Resistance Levels For February 18th/2011

Breakout Buy level : 1.3678.
Strong Resistance : 1.3670.
Original Resistance : 1.3657.
Inner Sell Area : 1.3644.
Target Inner Area : 1.3612.
Inner Buy Area : 1.3580.
Original Support : 1.3567.
Strong Support : 1.3554.
Breakout Sell level : 1.3546.

Since early morning the EUR/USD has been trading between 1.3600 and 1.3625; the bias of this pair onDaily charts and the intraday charts (60 minutes) appears to be still in the uptrend situation. However, if this pair can break out and close below the 1.3550 level, this will denote a possibility for the uptrend to change today. But if the currency can break out and close above 1.3625, this pair will go up to 1.3646, and if the pair can break out and close above this level, it will be continue bullish movement.

BUY if this pair can break out above 1.3625 and set Take Profit at 1.3650 and 1.3675 as the second target.

SELL if this pair can break out and close below 1.3590, and set Take profit at 1.3575 as the first target and 1.3550 as the second target.