INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD

EUR/USD: +1.4087+

Last Update At 17 Jul 2009 06:35 GMT

Although euro has recovered after intra-day
fall to 1.4094 (Asia), if our view that a temp. top
has been formed y'day at 1.4166 is correct, upside
shud be ltd n bring another corrective fall, below
said sup wud extend twd y'day's 1.4055 low later.

Hold short with stop as indicated, abv aborts n
may risk re-test of 1.4166...

Range Forecast
+1.4075 / 1.4105+

Resistance/Support

R: 1.4133/1.4166/1.4202
S: 1.4055/1.4015/1.3989