INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD

EUR/USD:1.4957

Last Update 17 Nov 2009 02:34 GMT

Euro's retreat after brief rise to 1.5000 sug-
gests further consolidation below o/n NY high at
1.5017 is in store n pullback to 1.4935/40 cannot
be ruled out b4 prospect of a rebound later today.
Stand aside for now n look to buy on dips for
day trade. Abv 1.5000 wud indicate the upmove fm
1.4821 has resumed n bring re-test of 1.5017.

Range Forecast

1.4940 / 1.4970

Resistance/Support
R: 1.5017/1.5049/1.5064
S: 1.4939/1.4880/1.4821