FX.co ★ EUR/USD Intraday Technical Levels for December 28, 2012

TODAY's TECHNICAL LEVEL:

Breakout BUY Level: 1.3309.

Strong Resistance: 1.3302.

Original Resistance: 1.3289.

Inner Sell Area: 1.3276.

Target Inner Area: 1.3245.

Inner Buy Area: 1.3214.

Original Support: 1.3201.

Strong Support: 1.3188.

Breakout SELL Level: 1.3180.

DESCRIPTION :

Today EUR/USD has support and resistance at 1.3201 and 1.3289 and is accompanied by strong support at 1.3188 and by 1.3302 as strong resistance.

If EUR/USD breaks out and closes below a 1.3180-level today, then this will indicate considerable bearish strength, while if EUR/USD manages to break out and close above a 1.3309-level, then this will denote high bullish strength. Alternatively for advance traders, you can trade in a way to open a BUY position at the level of 1.3214- and at 1.3276– a SELL position, in this case both targets should be located at the level of 1.3245.

Best regards,

Arief Makmur

Official Analyst of InstaForex Group

InstaForex Group

https://instaforex.com

Email : Arief.jakarta@indo.instaforex.com