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