EURUSD Intraday Trading Support / Resistance Levels February 27, 2012

Update 1 (04:40 GMT): 1.3486 (daily high of dec 5 and feb 2) is limiting the up-move of the price for the time being.

Level Technical Significance
1.3615 Daily High Nov 18
1.3608 38.2% of 1.4248 – 1.3213
1.355 Daily High Dec 2
1.3486 Daily High Dec 5 & Feb 2
1.3457 04:30 GMT MON 27 FEB
1.3404 Hourly Support Feb 24
1.3357 Daily Low Feb 24
1.3308 100 Day MA
1.3267 Hourly Support Feb 23

In the meantime, keep the values of Friday too in mind while taking the trading decisions.


About Praveen Pious Francis
A part-time blogger who has a wide range of interests including investing in the stock markets across the globe and broadband technologies in India.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: