INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD

EUR/USD:1.4879

Last Update 23 Nov 2009 00:05 GMT


Despite Friday's weakness to 1.4800, subsequent
rebound suggests recent euro's 'erratic' fall fm
1.5049 has possibly formed a temp. low n consolidat
ion with mild upside bias is seen for correction to
1.4900 n 1.4915/20 b4 prospect of a retreat later.

Buy dips for 1.4900 or sell at 1.4915 for 1.4875
. Below 1.4833 (Aust.) wud bring re-test of 1.4800.

Range Forecast

1.4860 / 1.4890

Resistance/Support
R: 1.4882/1.4935/1.4968
S: 1.4833/1.4800/1.4774