FX.co ★ EUR/USD Intraday Technical Levels for March 30, 2012

TODAY's TECHNICAL LEVEL :

Breakout BUY Level : 1.3379.

Strong Resistance : 1.3371.

Original Resistance : 1.3358.

Inner Sell Area : 1.3345.

Target Inner Area : 1.3314

Inner Buy Area : 1.3283.

Original Support : 1.3270.

Strong Support : 1.3257.

Breakout SELL Level : 1.3249.

DESCRIPTION :

Today the EUR/USD pair has support and resistance levels at 1.3283 and 1.3358 respectively and is accompanied by the strong support 1.3257 and 1.3371 resistance levels.

If the EUR/USD pair breaks thrpugh and closes below a 1.3249 level today, then this will indicate a considerable bearish strength, while if the EUR/USD pair manages to break out and close above a 1.3379 level, then this will indicate the presence of bullish strength. It is possible to trade otherwise by opening a BUY position at level 1.3283 and SELL position at level 1.3345 , provided that both targets are located at level 1.3314.

Best regards,
Arief Makmur
Official Analyst of InstaForex Companies Group