INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD

EUR/USD:1.4396

Last Update 04 Aug 2009 07:31 GMT

Euro's present retreat after faltering below
y'day's high of 1.4445 suggests further choppy
consolidation wud be seen n pullback to 1.4370/77
not be ruled out, however, renewed buying shud
emerge abv 1.4350/55 n yield rebound.

Buy again on dips with stop as indicated. Only
below 1.4339 (prev. res) wud abort bullishness...

Range Forecast
1.4377 / 1.4410

Resistance/Support

R: 1.4445/1.4475/1.4550
S: 1.4377/1.4339/1.4305