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Thursday, 22 November 2007

iForex.bg

EUR/USD 1.4836 - 22 November
EUR/USD Open 1.4859 High 1.4876 Low 1.4642 Close 1.4828

The Euro convincingly broke the key level 1.4810 reaching 1.4873. The break proves the negative US Dollar sentiment, and the next resistances of the Euro are expected at 1.4890 and 1.4945, before the psychological limit 1.5000. In downward direction support is expected at 1.48476000, followed by 1.4690, and 1.4630.
Technical resistance levels: 1.4890 1.4945 1.5000
Technical support levels: 1.4760 1.4690 1.4630

Trading range: 1.4825 - 1.4900
Trend: Upward
Buy at 1.4836 SL 1.4806 TP 1.4886