Updated on: (2005-11-29 12:20:19)

EUR/USD Current spot rate: 1.1816, Pivot: 1.1811
Today trading range: 1.1740 - 1.1900

Resistance: 1.1845 , 1.1900 , 1.1950
Support: 1.1775 , 1.1740 , 1.1700

Advice: EUR stops bearish short term trend yesterday and today it's neutral. We expect wide range trade. Events today are US October Durable Orders at 14:30 CET and October New Home Sales and November Consumer Confidence at 16:00 CET. Try range trade today prefering longs (1.1775/90 is good level), but have in mind we do not have clear trend. 1.19 is good target for todays longs. Good luck.