Forex: EUR/USD rises on Monday but still moves in a range between 1.4680 and 1.4860

02 November 2009 @ 05:27 pm EDT

FXstreet.com (Córdoba) - The Euro recovered part of f Friday's losses against the Dollar but still moves inside a big range with support at 1.4680 and resistance at 1.4860. The pair opened the week at the lowest level of the day near 1.4680. But started to rise and after the ISM report jumped to 1.4845 (intra-day high). The Euro failed to hold above 1.4800 and fell to 1.4725. Currently the pair is hovering around 1.4770.

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