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EUR/USD Daily Outlook
Thu, Nov 19 2009, 00:47 GMT
AceTrader
INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD
EUR/USD:1.4959
Last Update 18 Nov 2009 23:34 GMT
Although euro has retreated after y'day's rally
to 1.4991, as long as 1.4918 (NY low) holds, intra-
day upside bias remains for re-test of said res but
loss of momentum shud cap price well below 1.5017 n
bring retrace. of early rise fm 1.4807 later.
For st trade, buy on dips, stop below 1.4918,
break confirms top is made n yields 1.4880/90.
Range Forecast
1.4940 / 1.4970
Resistance/SupportR: 1.4991/1.5017/1.5049
S: 1.4918/1.4890/1.4857
Published on
Thu, Nov 19 2009, 00:47 GMT
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