Thu, Oct 29 2009, 02:07 GMT
by
FXMarketAlerts Team
- FXMarketAlerts
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Published at 00:00 (GMT) 29 Oct
Prices have finally broken the topside of 3-week consolidation with a closing above the 1.4020 congestion high and with daily tools pointing up, further rebound is envisaged, targeting the daily down trendline from 1.5579 high at 1.4108. Intraday trade favours the long side unless prices slip below 1.3973 low set last session.
R5: 1.4155 5 Oct high R4: 1.4108
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