EUR/USD Daily Outlook
Wed, Apr 22 2009, 06:11 GMT
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INTRADAY TRADING SIGNAL BY ACETRADER.COM : EUR/USD
EUR/USD : 1.2939
Last Update At 22 Apr 2009 05:42 GMT
As euro has rebounded after intra-day fall to
1.2911, suggesting consolidation abv this lvl is in
store n although recovery to 1.2960 cannot be ruled
out, reckon y'day's 1.2995 high wud hold n yield
another decline later.
Stand aside n hold short for day trade. Below
said sup wud bring weakness to 1.2895, then 1.2870.
Range Forecast
1.2920 / 1.2955
Resistance/Support
R: 1.2958/1.2995/1.3019
S: 1.2911/1.2888/1.2835
Published on
Wed, Apr 22 2009, 06:15 GMT
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