FX.co ★ EUR/USD Technical Analysis. Support And Resistance Levels For December 15, 2010

Today Technical Level :

Breakout Buy level : 1.3419.
Strong Resistance : 1.3411.
Original Resistance : 1.3398.
Inner Sell Area : 1.3385.
Target Inner Area : 1.3353.
Inner Buy Area : 1.3321.
Original Support : 1.3308.
Strong Support : 1.3295.
Breakout Sell level : 1.3287.

Today Outlook :

Yesterday, the mark 1.3450 served as a strong resistance level for the EUR/USD. After hit this level, the EUR/USD cannot stay longer at that level, so the pair came back to Downside situation. Today, this pair will be traded according to Bearish situation. It seems the EUR/USD will try to reach the level of 1.3300. If the pair breaks down and closes below this level, then the mark of 1.3275 will be a first target for this pair and the 1.3250 will be a second target. On the other hand, if the pair cannot break the level of 1.3300, please be ready since the pair can break out and close above 1.3325. In case of such situation the pair will probably go up to 1.3350 as a first target and to 1.3375 as a second target today.