|USD/JPY Intraday Technical Levels for September 14, 2012|
|EUR/USD: Technical Analysis for September 14, 2012|
Today's Technical Levels:
Breakout BUY Level: 1.3052.
Strong Resistance: 1.3044.
Original Resistance: 1.3034.
Inner Sell Area: 1.3022.
Target Inner Area: 1.2990.
Inner Buy Area: 1.2959.
Original Support: 1.2948.
Strong Support: 1.2935.
Breakout SELL Level: 1.2927.
Description:Today EUR/USD has support and resistance at 1.2948 and 1.3034 and is accompanied by strong support at 1.2935 and by 1.3044 as strong resistance. If EUR/USD breaks out and closes below 1.2927 level today, this will indicate considerable bearish strength, while if EUR/USD manages to break out and close above 1.3052 level, this will denote a high bullish strength. Alternatively, for advance traders, you can trade in a way to open BUY position at the level of 1.2959 and SELL position at 1.3022. In this case both targets should be located at the level of 1.2990.
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