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FX.co ★ EUR/USD Intraday Technical Level For November 28th / 2011

EUR/USD Intraday Technical Level For November 28th / 2011

EUR/USD Intraday Technical Level For November 28th / 2011

TODAY TECHNICAL LEVEL :

Breakout BUY Level : 1.3357.

Strong Resistance : 1.3349.

Original Resistance : 1.3337.

Inner Sell Area : 1.3324.

Target Inner Area : 1.3293.

Inner Buy Area : 1.3261.

Original Support : 1.3249.

Strong Support : 1.3236.

Breakout SELL Level : 1.3228.

DESCRIPTION :

Today EUR/USD has support and resistance at 1.3249 and 1.3337 is accompanied by a strong support at 1.3236 and 1.3349 for the strong resistance; If today the EUR/USD can break out and close below the 1.3228 level then this indicates considerable Bearish strength, while if the EUR/USD today can break out and close above the 1.3357 level then this indicates considerable Bullish strength. Alternatively you can trade in a way to open BUY position at the level of 1.3261 and 1.3324 for SELL position in which case both targets are located at the 1.3293 level.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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