FX.co ★ EUR/USD Technical Analysis. Support and Resistance Levels For December 10, 2010

Today Technical Level :

Breakout Buy level : 1.3295.
Strong Resistance : 1.3287.
Original Resistance : 1.3274.
Inner Sell Area : 1.3261.
Target Inner Area : 1.3230.
Inner Buy Area : 1.3199.
Original Support : 1.3186.
Strong Support : 1.3173.
Breakout Sell level : 1.3165.

Today Outlook :

Yesterday, the level of 1.3175 served as a strong support, after hit this level the EUR/USD was moving upside again. If the pair breaks out and closes above the level of 1.3225, it seems the 1.3250 level will be a first target for this pair and the 1.3275 level will be a second target before this pair moves upwards again to the mark of 1.3300. However, if today the EUR/USD reverses down and moves below the 1.3225 level again, then the pair will probably move to 1.3200 as a first target and to 1.3175 as a second target.