INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD

EUR/USD:1.4077

Last Update 30 Jul 2009 07:11 GMT

Y'day's selloff below 1.4109 (now res) signals
top has indeed been formed earlier at 1.4305 n
further 'gyrations' inside recent established range
of 1.3748-1.4339 is seen, below 1.4007 wud extend
to 1.3950/60 n possibly twd 1.3911 b4 rebound.

Hold short, stop as indicated n only abv 1.4130
suggests low is in place, risks gain to 1.4185/95.

Next Update
14:00GMT

Resistance/Support

R: 1.4109/1.4195/1.4305
S: 1.4007/1.3961/1.3911