FX.co ★ EUR/USD Technical Analysis. Support And Resistance Levels For October 29, 2010

Breakout Buy level : 1.4009.
Strong Resistance : 1.4000.
Original Resistance : 1.3987.
Inner Sell Area : 1.3974.
Target Inner Area : 1.3941.
Inner Buy Area : 1.3908.
Original Support : 1.3895.
Strong Support : 1.3882.
Breakout Sell level : 1.3873.

Today the EUR/USD will try to move from 1.3875 to 1.3867 level; after hit that level, this pair has a possibility to go up again to the mark of 1.3925 as a target. 1 and 1.3975 as a target. 2 before going back to 1.4000 level. Nevertheless, if the EUR/USD breaks through 1.3867 level and moves downside, this pair will try to reach the Fibonacci Support 50% at 1.3842, and 1.3816 (Fibonacci Support 61.8%).