EUR/USD intraday technical levels for June 26, 2013
June 26, 2013 8:00 amVideo
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TODAY’S TECHNICAL LEVELS:
Breakout BUY Level: 1.3140.
Strong Resistance: 1.3132.
Original Resistance: 1.3119.
Inner Sell Area: 1.3106.
Target Inner Area: 1.3075.
Inner Buy Area: 1.3144.
Original Support: 1.3031.
Strong Support: 1.3018.
Breakout SELL Level: 1.3010.
DESCRIPTION:
Today EUR/USD has support and resistance at 1.3031 and 1.3119. The rate is accompanied by strong support at 1.3018 and by 1.3132 as strong resistance.
If EUR/USD breaks out and closes below 1.3010 level today, then it will indicate considerable bearish strength. Meanwhile, if EUR/USD manages to break out and closes above 1.3140 level, then it will denote high bullish strength. Alternatively, for advance traders, you can trade in a way to open a BUY position at the level of 1.3144 and at 1.3106, a SELL position. In this case both targets should be located at the level of 1.3075.
Best regards,
Arief Makmur
Official Analyst of InstaForex Companies Group
InstaForex Companies Group
http://instaforex.com
Email: [email protected]
Yahoo Messenger and 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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