INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD

EUR/USD:1.4243

Last Update 04 Sep 2009 02:12 GMT

Euro's retreat after meeting renewed selling at
1.4363/65 suggests the decline fm y'day's high of
1.4350 may extend marginally below 1.4236 (NY low),
however, loss of nr term momentum shud keep price
abv 1.4192 sup n yield rebound later.

Abv 1.4263/65 wud bring gain to 1.4295 but rec-
kon 1.4315 shud cap upside. Stand aside for now.

Range Forecast
1.4236 / 1.4265

Resistance/Support

R: 1.4295/1.4315/1.4350
S: 1.4236/1.4192/1.4177