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EUR/USD Daily Outlook

Fri, Nov 6 2009, 08:30 GMT

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INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD

EUR/USD:+1.4880+

Last Update 06 Nov 2009 07:53 GMT

Euro's intra-day rebound to 1.4884 suggests
pullback fm y'day's high of 1.4918 has possibly end
ed at 1.4844, consolidation with upside bias wud be
seen for further gain but abv 1.4899 needed to con-
firm recent upmove fm 1.4626 has resumed, 1.4918.

For st trade, hold long with stop now at break-
even n only below 1.4811 signals top has been made.

Range Forecast
1.4860 / 1.4885

Resistance/Support

R: 1.4884/1.4918/1.4928
S: 1.4844/1.4811/1.4774


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