FX.co ★ EUR/USD Technical Analysis. Support and Resistance Levels For December 06, 2010

Today Technical Level :

Breakout Buy level : 1.3439.
Strong Resistance : 1.3431.
Original Resistance : 1.3418.
Inner Sell Area : 1.3405.
Target Inner Area : 1.3373.
Inner Buy Area : 1.3341.
Original Support : 1.3328.
Strong Support : 1.3315.
Breakout Sell level : 1.3307.

Today Outlook:

It seems that today the EUR/USD will try to reach the 1.3300 level. If this level is easily broken through, then the pair will decline to the mark of 1.3275 as a first target and to 1.3250 as a second target. In case the Breakout Sell Level (1.3307) is broken out, it will indicate that the pair has again the Bearish momentum. On the other hand, if the level of 1.3300 acts as a strong support and this pair easily breaks up the level of 1.3325, then the EUR/USD will rise again to 1.3350 as a first target and to 1.3350 as a second target.