Trading signal - short positions from 1,4910, stop-loss 1,4945, a tejk-profit 1,4810 (as of 11.00 GMT).
The euro during the today's auctions has shown a minimum 1,4806 and has shown an ascending wave. However, if resistance on 1,4942 stands, it is possible to assume continuation of strengthening and fall before the resulted support. Its punching will specify in formation of a local maximum and can direct euro/dollar pair to 1,4775 (last support).
Hence, we recommend to sell euro/dollar pair on movements upwards. Movement above resistance on 1,4943 can direct euro/dollar pair further to 1,4960, 1,4990 and after this to 1,5000.
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