INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD

EUR/USD:+1.4308+

Last Update 24 Aug 2009 06:49 GMT

Euro's retreat fm 1.4360 (Asia) suggests further
consolidation below last week's high at 1.4377 is
seen with downside bias for weakness twd 1.4276,
however, break there is needed to signal upmove fm
1.4045 has formed a top n bring retrace. to 1.4240.

Sell on recovery with stop as indicated, abv wud
abort n risk re-test of 1.4377.

Range Forecast
+1.4295 / 1.4330+

Resistance/Support
R: 1.4360/1.4377/1.4415
S: 1.4276/1.4200/1.4173