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Tuesday, September 6, 2011

EUR/USD Intraday Technical Level For September 6th / 2011



Arief Makmur
Technical analysis


TODAY  TECHNICAL  LEVEL :

Breakout BUY Level : 1.4139.
Strong Resistance : 1.4131.
Original Resistance : 1.4119.
Inner Sell Area : 1.4106.
Target Inner Area : 1.4075.
Inner Buy Area : 1.4044.
Original Support : 1.4031.
Strong Support : 1.4018.
Breakout SELL Level : 1.4010.

SHORT   DESCRIPTION :

Today the EUR/USD will find its Support and Resistance between the 1.4031 and the 1.4119; and today this currency has a strong Support at the 1.4018 and a strong Resistance at the 1.4131; if today the EUR/USD can break out and close below 1.4010, it will be the sign for SHORT trading for today; on the other hand, if this currency can break out and close above the 1.4139, it will be the sign for a LONG trading for today. Another option for an advanced trader can be trading between the Inner Buy Level at the 1.4044 for the LONG trading and the Inner Sell Level at the 1.4106 for the SHORT trading, and two both of them (the Inner BUY & Inner SELL Level) with the target at the 1.4075 level.
http://instaforex.com/forex_analysis/37830/?x=OUE
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