INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD

EUR/USD: 1.4043

Last Update At 26 Jun 2009 05:16 GMT

Despite intra-day marginal gain to 1.4062,
euro's subsequent retreat suggests consolidation
below there is seen with downside bias for retrace.
of near term rise fm 1.3888 to 1.4005/10 n possibly
1.3975/80, however, minor sup at 1.3963 shud hold.

Turn short on recovery with stop as indicated,
abv wud abort n risk further rise to 1.4100/10...

Range Forecast
1.4025 / 1.4060

Resistance/Support

R: 1.4062/1.4109/1.4139
S: 1.4014/1.3978/1.3963