FX.co ★ EUR/USD Intraday Important Level For December 30th / 2011

TODAY TECHNICAL LEVEL :

Breakout BUY Level : 1.3013.

Strong Resistance : 1.3005.

Original Resistance : 1.2993.

Inner Sell Area : 1.2981.

Target Inner Area : 1.2950.

Inner Buy Area : 1.2919.

Original Support : 1.2907.

Strong Support : 1.2895.

Breakout SELL Level : 1.2886.

DESCRIPTION :

Today EUR/USD has support and resistance at 1.2907 and 1.2993 is accompanied by a strong support at 1.2895 and 1.3005 for the strong resistance; If today the EUR/USD can break out and close below the 1.2886 level then this indicates considerable Bearish strength, while if the EUR/USD today can break out and close above the 1.3013 level then this indicates considerable Bullish strength. Alternatively you can trade in a way to open BUY position at the level of 1.2919 and 1.2981 for SELL position in which case both targets are located at the 1.2950 level.