FX.co ★ EUR/USD Intraday Technical Levels for April 02, 2012

TODAY'S TECHNICAL LEVEL :

Breakout BUY Level : 1.3421.

Strong Resistance : 1.3413.

Original Resistance : 1.3400.

Inner Sell Area : 1.3387.

Target Inner Area : 1.3355.

Inner Buy Area : 1.3323.

Original Support : 1.3310.

Strong Support : 1.3297.

Breakout SELL Level : 1.3289.

DESCRITPTION :

Today the EUR/USD pair has support and resistance at 1.3310 and 1.3400 and is accompanied by a strong support 1.3297 and 1.3413 resistance levels.

If the EUR/USD pair breaks out and closes below a 1.3289 level today, this will indicate a considerable bearish strength, while if the EUR/USD pair manages to break out and close above a 1.3421 level, the signal of bullish strenght will be provided. It is possible to trade otherwise to open a BUY positions at the level 1.3323, and SELL position at level 1.3387. In this case both targets should be located at level 1.3355.

Best regards,
Arief Makmur
Official Analyst of InstaForex Companies Group