INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD

EUR/USD:+1.4345+

Last Update 07 Aug 2009 05:53 GMT

Euro's rebound after y'day's selloff to 1.4328
suggests further consolidation abv there is seen
with upside bias for gain twd 1.4390/00 but abv is
needed to signal correction fm this week's 1.4448
high has ended, 1.4420/25.

Buy on dips with stop below said sup as break
wud risk one more fall twd 1.4305 (prev. res).

Range Forecast
1.4345 / 1.4373

Resistance/Support

R: 1.4423/1.4448/1.4475
S: 1.4328/1.4305/1.4280