INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD

EUR/USD: 1.3973

Last Update At 14 Jul 2009 02:14 GMT

Despite rising marginally higher to 1.4009 at
Asian opening, subsequent retreat suggests the near
term 'erratic' rise fm 1.3878 has made a temp. top
n choppy trading with mild downside bias is seen,
reckon 1.3940/50 wud contain weakness.

Exir long n buy again on further decline but abv
1.4009 needed to extend gain to 1.4025/30 later.

Range Forecast
1.3960 / 1.3990

Resistance/Support

 R: 1.4009/1.4051/1.4074
S: 1.3963/1.3914/1.3898