EUR/USD Intraday Technical Level For December 13rd / 2011

TODAY TECHNICAL LEVEL :

Breakout BUY Level : 1.3243.

Strong Resistance : 1.3234.

Original Resistance : 1.3222.

Inner Sell Area : 1.3210.

Target Inner Area : 1.3178.

Inner Buy Area : 1.3144.

Original Support : 1.3134.

Strong Support : 1.3123.

Breakout SELL Level : 1.3115.

DESCRIPTION :

Today EUR/USD has support and resistance at 1.3134 and 1.3222 is accompanied by a strong support at 1.3123 and 1.3234 for the strong resistance; If today the EUR/USD can break out and close below the 1.3115 level then this indicates considerable Bearish strength, while if the EUR/USD today can break out and close above the 1.3243 level then this indicates considerable Bullish strength. Alternatively you can trade in a way to open BUY position at the level of 1.3144 and 1.3210 for SELL position in which case both targets are located at the 1.3178 level.