INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD

EUR/USD:+1.4275+

Last Update 28 Jul 2009 06:22 GMT

Euro's firm breach of 1.4248 (Aust.) suggests
retreat fm y'day's high at 1.4299 has ended earlier
at 1.4204 n re-test of said res is seen after conso
lidation, however, abv is needed to signal recent
upmove has resumed, 1.4315/20 n then twd 1.4339.

Turn long on dips with stop as indicated n only
below 1.4219 wud risk weakness to 1.4204 n 1.4180.

Range Forecast
+1.4270 / 1.4295+

Resistance/Support

R: 1.4299/1.4339/1.4402
S: 1.4248/1.4204/1.4172