INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD

EUR/USD: +1.3930+

Last Update At 19 Jun 2009 06:19 GMT

Despite intra-day brief bounce, as euro has met
renewed selling at 1.3948, further consolidation
below y'day's high at 1.4002 is seen with downside
bias for weakness twd 1.3872, however, below needed
for correction of upmove fm 1.3748 to 1.3845/50.

Sell again on upticks with stop as indicated n
only abv 1.3986 wud abort daily bearishness...

Range Forecast
1.3905 / 1.3935

Resistance/Support

R: 1.3948/1.3986/1.4002
S: 1.3872/1.3822/1.3806