INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD

EUR/USD:1.4882

Last Update 18 Nov 2009 02:29 GMT

Despite euro's recovery fm 1.4807 (NY), as yes-
terday's selloff below 1.4821 signals the decline
fm last week's high at 1.5049 has resumed, reckon
1.4900/10 wud limit upside n bring another fall but
below 1.4820/25 is needed for re-test of 1.4807.

Sell on further rise with stop as indicated,
abv wud defer n risk stronger gain to 1.4930/35..
Range Forecast

1.4870 / 1.4900

Resistance/Support
R: 1.4890/1.4935/1.4974
S: 1.4807/1.4774/1.4734