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

Today Technical Level :

Breakout Buy level : 1.3275.
Strong Resistance : 1.3267.
Original Resistance : 1.3255.
Inner Sell Area : 1.3242.
Target Inner Area : 1.3211.
Inner Buy Area : 1.3179.
Original Support : 1.3167.
Strong Support : 1.3154.
Breakout Sell level : 1.3146.

Today Outlook :

The pair EUR/USD is still appeared biased within the downtrend. However, if the retesting of the level 1.3200 fails, the pair will break up the level 1.3250; in this case, EUR/USD is likely to reach the level 1.3275 before continuing rising up to the mark 1.3300.
On the other hand, if after having retested the level 1.3200 successfully the pair breakdowns this level, EUR/USD is expected to fall to the level 1.3175 as a first target and 1.3150 as a second one.