INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD

EUR/USD: 1.3605

Last Update At 12 May 2009 16:57 GMT

Euro's breach of 1.3720 suggests a temp. top has
been formed at 1.3708 n consolidation with downside
bias is seen for a retrace. of recent upmove twds
1.3557 but anticipated nr term o/sold condition wud
limit weakness n reckon 1.3515/20 wud hold.

Sell on recovery with stop as indicated, abv wud
defer n risk gain twd 1.3680/85...

Range Forecast
1.3580 / 1.3610

Resistance/Support

R: 1.3647/1.3681/1.3708
S: 1.3557/1.3517/1.3471