INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD

EUR/USD: 1.3961

Last Update At 25 Jun 2009 05:44 GMT

Despite euro's recovery in part due to active
cross-buying vs yen, as y'day's selloff fm 1.4139
to 1.3888 confirms the recent upmove fm 1.3748 has
ended, reckon 1.3880/90 wud cap upside n yield ano-
ther decline to 1.3920 (Aust.).

Hold short with stop as indicated n only below
1.3900 signals correction is over, 1.3888, 1.3850.

Range Forecast
1.3940 / 1.3975

Resistance/Support

R: 1.3976/1.4005/1.4062
S: 1.3920/1.3888/1.3826