Hi Friends, 

I am posting the intraday key support/resistance levels for EUR/USD . The stronger ones are underlined. These levels are identified as per technical outlook and the discerned movement till date that includes the fundamental analysis also. These levels therefore give you a high probability case for a price to bounce/pull back (by 7-20 pips) when it reaches these levels for the first time in the day. So follow these levels and make better trade set ups!

Monday's  high 1.3774, low 1.3748, pivot 1.3782, total pips 28


Main supports:-

1.3760,  1.3746/501.3737/32,  1.3721,  1.3677


Main resistances:-

1.3771/741.37851.3794/96, 1.3844

Yesterday as expected was a ranging day for the market. Today with some important data in the calendar there could be some trigger based movement and intraday main levels can be tried which are 1.3721 and resistance as 1.3774 or 1.3794. 1.3700 will not be easy today. Selling at intraday resistances is a good call. 

today's data:

06.00   whoesales price index, Germany
06.45   current account, France
08.00   consumer price index, Italy
09.00   ZEW survey - economic sentiment, Germany, EURO
10.00   consumer price index, Portugal
11.30   NFIB business optimism, US
12.30   import and export price indexes, Retail sales , US
LEVEL HISTORY of May 12, 2014
no levels touched as market remained ranged bound. 
Good day!


Views: 125

Comment by Nili on May 13, 2014 at 12:03pm

level history updated 


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