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FX.co ★ EUR/USD Technical Analysis. Support And Resistance Levels For August 31, 2010.

EUR/USD Technical Analysis. Support And Resistance Levels For August 31, 2010.

During the trading session yesterday the American currency strengthened versus the euro amid the report of the Bureau of Economic Analysis (BEA) about a performance improvement on the consumption sector in the economy of the USA. The actual release showed that the indicator Personal Spending on monthly basis which improved to 0.4% previously estimated to rise to 0.4% from the value at the previous period of 0.0%. The GBP-USD pair was trading within the range of 1.5542.
The important intraday trading levels for today are:

Breakout Buy level : 1.2724.
Strong Resistance : 1.2716.
Original Resistance : 1.2704.
Inner Sell Area : 1.2692.
Target Inner Area : 1.2662.
Inner Buy Area : 1.2632.
Original Support : 1.262.
Strong Support : 1.2608.
Breakout Sell level : 1.2600.

EUR/USD Technical Analysis. Support And Resistance Levels For August 31, 2010.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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