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

TODAY TECHNICAL LEVEL :

Breakout BUY Level : 1.3133.

Strong Resistance : 1.3125.

Original Resistance : 1.3113.

Inner Sell Area : 1.3100.

Target Inner Area : 1.3069.

Inner Buy Area : 1.3037.

Original Support : 1.3025.

Strong Support : 1.3013.

Breakout SELL Level : 1.3005.

DESCRIPTION :

Today EUR/USD has support and resistance at 1.3025 and 1.3113 is accompanied by a strong support at 1.3013 and 1.3125 for the strong resistance; If today the EUR/USD can break out and close below the 1.3005 level then this indicates considerable Bearish strength, while if the EUR/USD today can break out and close above the 1.3133 level then this indicates considerable Bullish strength. Alternatively you can trade in a way to open BUY position at the level of 1.3037 and 1.3100 for SELL position in which case both targets are located at the 1.3069 level.