Forex Trade Alert for EUR/USD.

Summary Report As of Nov-12-2009.

Elliot Wave 5th Up,   Symbol EUR/USD Daily

Stop of 1.4207 was reached on Sep-01-2009. 4xGenie Action: ==> Remain out of this market! Today’s candlestick appears in the yellow shaded area of the chart. This reflects strong consolidation here! A divergence in the MACD indicator has been found. When this appears on a 5th wave this could be a sign of exhaustion. The current upward trend may soon correct or end. This trade gained 73 Pips

Next Day Trading Range.. High: 1.5010 Low: 1.4986

Next Day Breakout Points High: 1.5018 Low: 1.4970

Price Projections……. 1st: 1.4661 2nd: 1.4894

Current Price Activity.. Open: 1.4984 High: 1.5002

Low: 1.4978 Close: 1.5002

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