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EUR/USD Daily Outlook
Mon, Nov 2 2009, 01:09 GMT
AceTrader
INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD
EUR/USD:1.4733
Last Update 02 Nov 2009 00:58 GMT
Although euro's rebound fm 1.4681 (Aust.) signals
recent decline has made a temp. low there n choppy
trading is in store in Asia, reckon 1.4760/65 wud
cap upside n yield retreat but below 1.4700/04 is
needed to bring re-test of said sup later.
Suggest to reinstate short on further recovery n
take profit on decline.
Range Forecast
1.4720 / 1.4750
Resistance/Support
R: 1.4747/1.4778/1.4805
S: 1.4704/1.4681/1.4621
Published on
Wed, Nov 4 2009, 10:07 GMT
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