INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD

EUR/USD: 1.3590

Last Update At 11 May 2009 17:12 GMT

Euro's retreat after meeting renewed selling
interest at 1.3635/40 suggests consolidation with
downside bias is seen but below 1.3557 is needed to
confirm intra-day fall fm 1.3670 to retrace recent
upmove has resumed n extend twd 1.3510/20.

Sell on recovery with stop as indicated, abv wud
abort n risk re-test of 1.3670.

Range Forecast
1.3585 / 1.3625

Resistance/Support

R: 1.3639/1.3670/1.3739
S: 1.3557/1.3517/1.3457