INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD

EUR/USD:1.4386

Last Update 05 Aug 2009 09:10 GMT

Euro's early retreat to 1.4367 suggests further
choppy trading below 1.4445 wud be seen n weakness
to 1.4360 cannot be ruled out, however, as long as
1.4339 (prev. res) holds, a rebound is still likely
but abv 1.4445 needed to extend to 1.4475.

Buy on dips with stop as indicated, break wud
risk stronger retracement to 1.4300/05....

Range Forecast
1.4367 / 1.4410

Resistance/Support

R: 1.4445/1.4475/1.4550
S: 1.4367/1.4339/1.4305