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13.06.2012 08:40 AM
EUR/USD Intraday Technical Levels for June 13, 2012

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TODAY's   TECHNICAL   LEVELS:

Breakout BUY Level: 1.2560.

Strong Resistance: 1.2553.

Original Resistance: 1.2541.

Inner Sell Area: 1.2529.

Target Inner Area: 1.2499.

Inner Buy Area: 1.2469.

Original Support: 1.2457.

Strong Support: 1.2445.

Breakout SELL Level: 1.2437.

 

DESCRIPTION:

Today EUR/USD has support and resistance at 1.2457 and 1.2541 and is accompanied by strong support at 1.2445 and by 1.2553 as strong resistance.

If EUR/USD breaks out and closes below a 1.2437-level today, then this will indicate considerable bearish strength, while if EUR/USD manages to break out and close above a 1.2560-level, then this will denote high bullish strength. Alternatively, you can trade in a way to open a BUY position at the level of 1.2469, and at 1.2529 – a SELL position, in this case both targets should be located at the level of 1.2499.
 

 

Best regards,

Arief Makmur,
Analytical expert of InstaForex
© 2007-2026
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