empty
 
 
24.10.2012 12:00 PM
EUR/USD Intraday Technical Levels for October 24, 2012

This image is no longer relevant

TODAY's  TECHNICAL  LEVELS: 

Breakout BUY Level: 1.3036.

Strong Resistance: 1.3028.

Original Resistance: 1.3016.

Inner Sell Area: 1.3004.

Target Inner Area: 1.2973.

Inner Buy Area: 1.2942.

Original Support: 1.2930.

Strong Support: 1.2917.

Breakout SELL Level: 1.2910.

DESCRIPTION:

 

 

Today EUR/USD has support and resistance at 1.2930 and 1.3016. The pair is accompanied by strong support at 1.2917 and by 1.3028 as strong resistance.
If EUR/USD breaks out and closes below 1.2910 level today, then it will indicate considerable bearish strength. Meanwhile, if EUR/USD manages to break out and closes above 1.3036 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 1.2942 and at 1.3004 - a SELL position. In this case both targets should be located at the level of 1.2973.

 

 

Best regards,

Arief Makmur

Official Analyst of InstaForex Companies Group
InstaForex Companies Group
http://instaforex.com
E-mail: [email protected]

Summary
Urgency
Analytic
Arief Makmur
Start trade
Gagnez sur les variations du cours des cryptomonnaies avec InstaForex.
Téléchargez MetaTrader 4 et ouvrez votre première transaction.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $6000 more!
    In December we raffle $6000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback