Tuesday, September 27, 2011

EUR/USD Intraday Technical Level - September 27, 2011







TODAY  TECHNICAL  LEVEL :

Breakout BUY Level : 1.3562.
Strong Resistance : 1.3554.
Original Resistance : 1.3541.
Inner Sell Area : 1.3528.
Target Inner Area : 1.3496.
Inner Buy Area : 1.3464.
Original Support : 1.3451.
Strong Support : 1.3438.
Breakout SELL Level : 1.3430

DESCRIPTION :

Today EUR/USD has the support and resistance at 1.3451 and 1.3541 is accompanied by a strong support at 1.3438 and 1.3554 strong resistance; 

If today EUR/USD can break out and close below the 1.3430 level then this indicates considerableBearish  strength, while if the EUR/USD today can break out and close above the 1.3562 level then this indicates considerable Bullish strength . 

Alternatively you can trade in a way to open BUY position at the level of 1.3464 and 1.3528 for SELL position in which both  targets are at the 1.3496 level.


Performed by Arief Makmur, Analytical expert

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