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EUR/USD Daily Outlook

Wed, Oct 28 2009, 03:17 GMT

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INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD

EUR/USD:1.4819

Last Update 28 Oct 2009 02:33 GMT

Although euro's intra-day rebound fm 1.4789 sug-
gests further 'choppy' trading abv o/n NY low at
1.4769 wud continue until European opening, as long
as 1.4845 holds, downside bias remains but below
1.4769 needed to extend recent fall to 1.4750/55.

Sell again with stop as indicated, abv signals
decline fm 1.5064 has made a low, 1.4891/97 later.

Range Forecast
1.4800 / 1.4830

Resistance/Support

R: 1.4845/1.4928/1.4943
S: 1.4769/1.4725/1.4647


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