INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD

EUR/USD:1.4959

Last Update 18 Nov 2009 23:34 GMT


Although euro has retreated after y'day's rally
to 1.4991, as long as 1.4918 (NY low) holds, intra-
day upside bias remains for re-test of said res but
loss of momentum shud cap price well below 1.5017 n
bring retrace. of early rise fm 1.4807 later.

For st trade, buy on dips, stop below 1.4918,
break confirms top is made n yields 1.4880/90.Range Forecast
1.4940 / 1.4970

Resistance/Support
R: 1.4991/1.5017/1.5049
S: 1.4918/1.4890/1.4857