INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD

EUR/USD:1.4698

Last Update 06 Oct 2009 04:05 GMT

Despite aussie-led rise to 1.4718, subsequent
retreat after meeting selling below 1.4725 res sug-
gests choppy sideways trading wud be seen ahead of
European opening, pullback to 1.4670 can't be ruled
out but 1.4646/48 wud contain downside.

Wud be prudent to stand aside in the meantime.
Abv 1.4718/25 wud extend gain to 1.4750/60...

Range Forecast
1.4675 / 1.4718

Resistance/Support

R: 1.4725/1.4803/1.4845
S: 1.4648/1.4593/1.4564