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FX.co ★ EUR/USD Technical Analysis. Support And Resistance Levels For November 24, 2010

EUR/USD Technical Analysis. Support And Resistance Levels For November 24, 2010

EUR/USD Technical Analysis. Support And Resistance Levels For November 24, 2010

Today Technical Level :

Breakout Buy level : 1.3445.
Strong Resistance : 1.3437.
Original Resistance : 1.3424.
Inner Sell Area : 1.3411.
Target Inner Area : 1.3379.
Inner Buy Area : 1.3347.
Original Support : 1.3334.
Strong Support : 1.3321.
Breakout Sell level : 1.3313.

Today Outlook :

Since the EUR/USD has already broke down the level of 1.3475, it seems that now this pair is in a range of 1.3425 – 1.3375. In case the EUR/USD can break through and close below the mark of 1.3375 it will lead to the situation that the pair goes to the level of 1.3325 as a first target and to 1.3300 as a second target. On the other hand, if the EUR/USD can strengthen above the level of 1.3425, then the level of 1.3475 will be the first target for movement and the second target will be the level of 1.3500.

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