INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD

EUR/USD:1.4235

Last Update At 27 Jul 2009 05:35 GMT

Although intra-day rebound fm 1.4172 (Asia)
suggests the retreat fm Friday's high at 1.4255 has
ended, abv said res is needed to signal recent erra
tic upmove has resumed for re-test of last week's
1.4292 top, otherwise, choppy trading is likely.

Below 1.4172 revives near term bearishness for
another fall to 1.4140/50 later. Stand aside...

Range Forecast
1.4220 / 1.4250

Resistance/Support
R: 1.4255/1.4292/1.4339
S: 1.4172/1.4118/1.4062