INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD

EUR/USD:1.4254

Last Update 20 Aug 2009 22:52 GMT

Despite y'day's marginal breach of 1.4268,
euro's retreat fm 1.4277 suggests a temp. top has
possibly been formed n consolidation with downside
bias is seen for weakness to 1.4220/30, however,
below 1.4200 needed to confirm n extend to 1.4170.

Abv 1.4277 wud extend the rise fm this week's
low at 1.4045 to 1.4290. Stand aside for now.

Range Forecast
1.4240 / 1.4270

Resistance/Support

R: 1.4277/1.4307/1.4328
S: 1.4200/1.4173/1.4133