INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD

EUR/USD:1.4623

Last Update 05 Oct 2009 09:05 GMT

Despite euro's retreat after rising to a margi-
nal high at 1.4656, this move is viewed as a minor
correction n reckon 1.4590/00 wud limit downside,
bring resumption of upmove fm last Friday's low at
1.4480, abv said res extends to 1.4480/90 'later'.

Incline to buy on dips with stop as indicated n
only below 1.4563/64 wud abort daily bullishness.

Range Forecast
1.4605 / 1.4635

Resistance/Support

: 1.4656/1.4675/1.4725
S: 1.4600/1.4564/1.4526