|
EUR/USD Intraday Technical Levels for June 15, 2012
TODAY's TECHNICAL LEVELS:Breakout BUY Level: 1.2685. Strong Resistance: 1.2678. Original Resistance: 1.2666. Inner Sell Area: 1.2654. Target Inner Area: 1.2624. Inner Buy Area: 1.2594. Original Support: 1.2582. Strong Support: 1.2570. Breakout SELL Level: 1.2562.
DESCRIPTION:Today EUR/USD has support and resistance at 1.2582 and 1.2666 and is accompanied by strong support at 1.2570 and by 1.2678 as strong resistance. If EUR/USD breaks out and closes below a 1.2562-level today, then this will indicate considerable bearish strength, while if EUR/USD manages to break out and close above a 1.2685-level, then this will denote high bullish strength. Alternatively, you can trade in a way to open a BUY position at the level of 1.2594, and at 1.2654– a SELL position, in this case both targets should be located at the level of 1.2624. Best regards, Performed by Ариф Макмур, Analytical expert InstaForex Companies Group © 2007-2011 |
|
|
|
Analyst Portfolio
Types of Analysis:
Technical analysis
Experience: 8 years Analytical Credo: If not broke; don't fix it ! |



