INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD

EUR/USD:1.4272

Last Update 14 Aug 2009 07:48 GMT

Lack of follow through selling below 1.4256/58
n subsequent bounce fm 1.4252 suggest consolidation
with mild upside bias is seen but only abv 1.4304
(Asia) wud signal the retreat fm y'day's high at
1.4328 has ended n bring re-test of said res.

Below 1.4244/48 wud yield retrace. of rise fm
1.4086 twd 1.4200. Stand aside in the meantime...

Range Forecast
1.4253 / 1.4290

Resistance/Support
R: 1.4304/1.4328/1.4385
S: 1.4244/1.4214/1.4181