EUR/USD intraday technical levels for August 28, 2013
August 28, 2013 6:15 amVideo
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TODAY’s TECHNICAL LEVELS:
Breakout BUY Level: 1.3457.
Strong Resistance: 1.3449.
Original Resistance: 1.3436.
Inner Sell Area: 1.3423.
Target Inner Area: 1.3391.
Inner Buy Area: 1.3359.
Original Support: 1.3346.
Strong Support: 1.3333.
Breakout SELL Level: 1.3325.
DESCRIPTION:
Today, EUR/USD has support and resistance at 1.3346 and 1.3436. The rate is accompanied by strong support at 1.3333 and by 1.3449 as strong resistance. If EUR/USD breaks out and closes below the 1.3325 level today, it will indicate considerable bearish strength. Meanwhile, if EUR/USD manages to break out and closes above the 1.3457 level, it will denote high bullish strength. Alternatively, for advance traders, you can trade in the way to open a BUY position at the level of 1.3359 and a SELL position at 1.3423. In this case both targets should be located at the level of 1.3391.
Best regards,
Arief Makmur
Official Analyst of InstaForex Group
InstaForex Group
http://instaforex.com
Email : [email protected]
Yahoo Messenger & Skype: Arief.ifx_jakarta
blog.mt5.com/arief
http://www.mt5.com/forex_analysis_award/profile/index/arief
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