INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD

EUR/USD:+1.4136+

Last Update 17 Aug 2009 05:55 GMT

Although euro has remained under pressure after
intra-day breach of 1.4160 n further weakness twd
1.4123 cannot be ruled out, as near term decline fm
1.4328 is losing momentum, downside shud be ltd n
yield a corrective rebound later.

Venture long on next fall for 1.4170 n only abv
1.4199/04 wud signal intra-day low is made.

Range Forecast
+1.4130 / 1.4160+

Resistance/Support

R: 1.4204/1.4252/1.4307
S: 1.4123/1.4086/1.4045