FX.co ★ EUR/USD Technical Analysis. Support And Resistance Levels For October 13, 2010

Breakout Buy level : 1.3990.
Strong Resistance : 1.3981.
Original Resistance : 1.3968.
Inner Sell Area : 1.3955.
Target Inner Area :1.3922.
Inner Buy Area : 1.3889.
Original Support : 1.3876
Strong Support : 1.3863.
Breakout Sell level : 1.3854.

Yesterday, after the EUR/USD broke through and closed below the Sell breakout level, it came back again to the original bias (Uptrend) of this currency. Our forecast for today: this pair will test the Monday High at 1.4013 level area. In case this level is breached, then this pair can move to 1.4028 as a target. 1 and to 1.4050 as a target. 2. If these 2 levels are not broken through by this pair today, it seems the EUR/USD will be traded in a range, until all market participant see a clear situation of the market.