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Tuesday, 20 November 2007

iForex.bg

EUR/USD 1.4669 - 20 November
EUR/USD Open 1.4667 High 1.4690 Low 1.4658 Close 1.4616

The Euro traded in narrow range yesterday 1.4623 - 1.4683 against the US Dollar and managed to stay above 1.4615. In upward direction resistance is expected at 1.4705, followed by 1.4740, and 1.4780. In downward direction support is expected at 1.4580, followed by 1.4515, and 1.4445.
Technical resistance levels: 1.4705 1.4740 1.4780
Technical support levels: 1.4580 1.4515 1.4445

Trading range: 1.4695 - 1.4620
Trend: Downward
Sell at 1.4683 SL 1.4713 TP 1.4633