22.09.201108:35 Forex Analysis & Reviews: EUR/USD Intraday Technical Level For September 22nd / 2011

Long-term review

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TODAY TECHNICAL LEVEL :

Breakout BUY Level : 1.3642.

Strong Resistance : 1.3634.

Original Resistance : 1.3622.

Inner Sell Area : 1.3609.

Target Inner Area : 1.3576.

Inner Buy Area : 1.3543.

Original Support : 1.3532.

Strong Support : 1.3518.

Breakout SELL Level : 1.3511.

DESCRIPTION :

Today EUR/USD has the support and resistance at 1.3532 and 1.3622 is accompanied by a strong support at 1.3518 and 1.3634 strong resistance; If today EUR/USD can breakout and close below the 1.3511 level then this indicates considerable Bearish strength, while if the EUR/USD today can breakout and close above the 1.3642 level then this indicates considerable Bullish strength . Alternatively you can trade in a way to open BUY position at the level of 1.3543 and 1.3609 SELL position in which both targets are at the 1.3576 level.

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