Wednesday, 4 November 2009

1.4900 possible for EUR/USD:

The current price is 1.4758 and it looks that on a 4 hour chart the uptrend may continue to a possible target of 1.4900 later on today. There's ADP Non-Farm Employment Change and the ISM Non-Manufacturing PMI data to be released today which could be negative towards to American currency and my push up the EUR.