INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD

EUR/USD:+1.4103+

Last Update 19 Aug 2009 08:40 GMT

As euro has continued to move lower at European
opening after intra-day breach of 1.4125/27, down-
side bias is seen for weakness to 1.4068/69 n below
wud signal recent decline has resumed for re-test
of this week's low at 1.4045 n later twd 1.4007.

Turn short on recovery with stop as indicated,
abv wud shift risk to upside for gain twd 1.4173.

Range Forecast
1.4085 / 1.4120

Resistance/Support

R: 1.4125/1.4173/1.4204
S: 1.4069/1.4045/1.4007