INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD

EUR/USD:1.4399

Last Update 06 Aug 2009 04:25 GMT

Euro's retreat fm yesterday's high at 1.4448 in
tandem with cable suggests further consolidation
below there is seen with mild downside bias for a
retrace. of recent upmove twd 1.4355 (y'day's low)
b4 prospect of a rebound later today.

Sell on recovery for st trade, stop as indicated
n only abv 1.4448 brings one more rise to 1.4475.

Range Forecast
1.4385 / 1.4410

Resistance/Support

R: 1.4448/1.4475/1.4564
S: 1.4355/1.4305/1.4278