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Tuesday, September 20, 2011

EUR/USD Intraday Technical Level For September 20th / 2011




Arief Makmur
Technical analysis






TODAY  TECHNICAL  LEVEL :

Breakout BUY Level : 1.3690.
Strong Resistance : 1.3683.
Original Resistance : 1.3670.
Inner Sell Area : 1.3657.
Target Inner Area : 1.3625.
Inner Buy Area : 1.3593.
Original Support : 1.3580.
Strong Support : 1.3567.
Breakout SELL Level : 1.3559.


DESCRIPTION :

Today EUR/USD has the support and resistance at 1.3580 and 1.3670 is accompanied by a strong support at 1.3567 and 1.3683 strong resistance; If today EUR/USD can breakout and close below the 1.3559 level then this indicates considerable Bearish  strength, while if the EUR/USD today can breakout and close above the 1.3690 level then this indicates considerable Bullish strength . Alternatively you can trade in a way to open BUY position at the level of 1.3593 and 1.3657 SELL position in which both  targets are at the 1.3625 level.


http://instaforex.com/forex_analysis/39050/?x=OUE 

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