INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD

EUR/USD:1.4179

Last Update At 24 Jul 2009 06:15 GMT

Although euro has staged a minor rebound after
trading abv 1.4118 (Aust.), as y'day's selloff fm
1.4292 confirms recent 'erratic' rise has formed a
temp. top, choppy consolidation with downside bias
remains but reckon 1.4080/90 wud contain weakness.

Sell on recovery for 1.4140 1st n look to buy
euro on further correction to 1.4090 for day trade.

Range Forecast
1.4155 / 1.4190

Resistance/Support

R: 1.4187/1.4249/1.4292
S: 1.4118/1.4062/1.4015