INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD

EUR/USD: 1.3954

Last Update At 27 May 2009 02:32 GMT

Although euro's retreat after being capped below
o/n NY 1.4005 high suggests further consolidation
below there is seen, as y'day's strg rebound fm
1.3860 suggests correction fm 1.4051 has ended,
downside shud be ltd n yield another rise later.

Hold long for 1.4000 1st n only abv 1.4020/25
signals upmove has resumed for re-test of 1.4051...

Range Forecast
1.3945 / 1.3975

Resistance/Support

R: 1.4005/1.4023/1.4051
S: 1.3943/1.3886/1.3860