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

TODAY TECHNICAL LEVEL :

Breakout Buy level : 1.3176.
Strong Resistance : 1.3168.
Original Resistance : 1.3155.
Inner Sell Area : 1.3142.
Target Inner Area : 1.3111.
Inner Buy Area : 1.3080.
Original Support : 1.3067.
Strong Support : 1.3054.
Breakout Sell level : 1.3046

TODAY OUTLOOK :

Apparently this pair still has been in the downtrend, actually the EUR/USD is now trading in the range between 1.3050 and 1.3150. Breakout of both levels will be a significant movement for this pair today; but given Christmash holiday session, lack of data releases and our prediction that the volatility for this pair will drain today, it seems this pair will be trading in the range betwen 1.3050 and 1.3150.

TODAY SUGGESTION :

NO TRADE for today during the Christmash Holiday Session.