FX.co ★ EUR/USD Technical Analysis. Support And Resistance Level For August 27, 2010.

The US dollar is inclined to move towards a consolidation with other currencies. The participants of the market adhere to being conservative before the meeting of major central banks’ governors with Ben Bernanke, Jean Claude Trichet, Shirakawa and several others among them. The authorities of the main banks will be discussing the deceleration of the global economic recovery, besides, Bernanke will deliver a speech concerning the US economic stance at present. As it is known, the recent US economic fundamentals are still demonstrating unfavorable situation, take for example the employment and the US new home sales.
Here are the important intraday levels for this pair today:

Breakout Buy level : 1.2764.
Strong Resistance : 1.2756.
Original Resistance : 1.2744.
Inner Sell Area : 1.2732.
Target Inner Area : 1.2702.
Inner Buy Area : 1.2672.
Original Support : 1.2660.
Strong Support : 1.2648.
Breakout Sell level : 1.2640.