INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD

EUR/USD: 1.3920

Last Update At 22 May 2009 05:35 GMT

Although euro has retreated after intra-day
resumption of upmove to 1.3957, break of 1.3890 is
needed to signal a minor top is in place n bring
retrace. to 1.3850/55 but reckon 1.3815/20 wud hold
n bring another rally.

Abv said res wud extend gain to 1.3980/82 b4
prospect of a strg pullback. Stand aside for now...

Range Forecast

1.3895 / 1.3925

Resistance/Support

R: 1.3957/1.3982/1.4057
S: 1.3873/1.3840/1.3788