INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD

EUR/USD: 1.3978

Last Update At 15 Jul 2009 02:44 GMT

Although euro's o/n strg rebound fm NY low at
1.3911 is expected to keep price firm in Asia, as
daily outlook continues to be consolidative, reckon
y'day's high at 1.4015 wud cap intra-day gain n
yield subsequent retreat twd 1.3911 'later' today.

Sell on further rise to 1.4005 for 1.3965 n if
euro dips back to 1.3960 1st, buy for 1.4000.

Range Forecast
1.3965 / 1.3995

Resistance/Support

R: 1.4000/1.4015/1.4074
S: 1.3941/1.3911/1.3878