INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD

EUR/USD: 1.3626

Last Update At 19 May 2009 17:35 GMT

Despite euro's stronger-than-expected rebound,
a breach of 1.3660 is needed to confirm upmove fm
y'day's low at 1.3422 has resumed n extend gain twd
1.3690/00 but outlook is consolidative n reckon
1.3722 res wud hold on 1st testing.

Below 1.3590/95 wud prolong choppy trading but
1.3531 (Asian low) shud remain intact. Stand aside.

Range Forecast
1.3600 / 1.3600

Resistance/Support

R: 1.3667/1.3722/1.3778
S: 1.3594/1.3531/1.3513