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  New York Open
  29 Sep 2009 10:22:47 AM
  (by Ture Johnson)
 



EUR/USD Overview

Todays bias and the daily bias are both lower. Strong resistance lies at 1.4630. Sell early morning strength any time above 1.4600 with a stop at 1.4635. The next leg lower should break the overnight low and continue its slide to the 1.4537 to 1.4514 zone. Can buy a break above 1.4635 for a quick scalp as some follow through is expected....
 
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