INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD

EUR/USD:1.4788

Last Update 23 Sep 2009 07:03 GMT

Although euro's retreat after meeting renewed
selling at 1.4824 suggests choppy sideways trading
below 1.4843 (Aust.) wud be seen, reckon 1.4768 sup
shud contain downside n yield rebound but abv 1.48
24 needed to confirm upmove has resumed, 1.4860/67.

Buy on dips with stop as indicated, break wud
risk stronger retrace. to 1.4725/27...

Range Forecast

1.4775 / 1.4810

Resistance/Support
R: 1.4824/1.4843/1.4867
S: 1.4768/1.4737/1.4703