EUR/USD intraday technical levels for July 3, 2013
July 3, 2013 7:45 amVideo
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TODAY’s TECHNICAL LEVELS:
Breakout BUY Level: 1.3038.
Strong Resistance: 1.3021.
Original Resistance: 1.3018.
Inner Sell Area: 1.3005.
Target Inner Area: 1.2975.
Inner Buy Area: 1.2945.
Original Support: 1.2932.
Strong Support: 1.2919.
Breakout SELL Level: 1.2912.
DESCRIPTION :
Today the EUR/USD has support and resistance at 1.2932 and 1.3018. The rate is accompanied by strong support at 1.2919 and by 1.3021 as strong resistance. If the EUR/USD breaks out and closes below 1.3038 level today, it will indicate considerable bearish strength. Meanwhile, if the EUR/USD manages to break out and closes above 1.3038 level, then it will denote a high bullish strength. Alternatively, for advance traders, you can trade in a way to open a BUY position at the level of 1.2945 and a SELL position at 1.3005. In this case both targets should be located at the level of 1.2975.
Best regards,
Arief Makmur
Official Analyst of InstaForex Companies Group
InstaForex Companies 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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The material has been provided by InstaForex Company – www.instaforex.com
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