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30.04.2012 09:57 AM
EUR/USD Intraday Technical Levels for April 30, 2012

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TODAY's  TECHNICAL  LEVEL :

Breakout BUY Level : 1.3302.

Strong Resistance : 1.3295.

Original Resistance : 1.3282.

Inner Sell Area : 1.3269.

Target Inner Area : 1.3238.

Inner Buy Area : 1.3207.

Original Support : 1.3194.

Strong Support : 1.3181.

Breakout SELL Level : 1.3173.

 

DESCRIPTION :

Today the EUR/USD pair has support and resistance at 1.3194 and 1.3282 and is accompanied by strong support 1.3181 and strong resistance 1.3295 levels.

If the EUR/USD pair breaks through and closes below a 1.3173 level today, then this will indicate considerable bearish strength, while if the EUR/USD pair manages to break through and close above  1.3302 level, then this will denote high bullish strength. It is possible to open  BUY positions at the level of 1.3207 and SELL position at 1.3269 level, provided that both targets are located at the level of 1.3238.

 

 

Best regards,
Arief Makmur
Official Analyst of InstaForex Companies Group
InstaForex Companies Group
http://instaforex.com
Yahoo Messenger & Skype : Arief.ifx_jakarta

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