INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD

EUR/USD:1.4236

Last Update At 23 Jul 2009 07:31 GMT

Although euro has retreated after rising margi-
nally abv 1.4258 to 1.4267 n minor consolidation is
envisaged, as long as 1.4199 (Aust.) holds, upside
bias remains for recent erratic upmove to resume n
abv 1.4267 brings re-test of 1.4278, then 1.4300.

Buy on dips with stop as indicated, below wud
defer n risk stronger pullback to 1.4170/75...

Range Forecast
1.4220 / 1.4250

Resistance/Support

R: 1.4278/1.4300/1.4339
S: 1.4222/1.4199/1.4155