EUR/USD Intraday Trading Support / Resistance Levels February 23, 2012


Update 1 (03:07 GMT): Nothing much left to update. The price has not moved much since yesterday. 1.3240 is proving as a strong magnetic point to which the price always reverts to.

Level Technical Significance
1.3322 Trend High Feb 9
1.3306 100-Day MA
1.3295 21-Day Upper Bollinger
1.3293 Daily High Mar 21
1.325 03:00 GMT THU 23 FEB
1.3186 Daily Low Feb 21
1.3179 21-Day MA
1.3115 Daily Low Feb 17
1.304 21-Day Lower Bollinger

Update 2 (15:06 GMT): The price has rebounded sharply off the 1.3240 level.

Level Technical Significance
1.3486 Daily High Dec 5
1.346 Daily High Dec 8
1.3436 50% of 1.4248-1.2624
1.3343 Hourly High Feb 23
1.3271 14:50 GMT THU 23 FEB
1.3186 Daily Low Feb 21
1.3179 21-Day MA
1.3115 Daily Low Feb 17
1.3047 21-Day Lower Bollinger
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