INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD

EUR/USD:1.4705

Last Update 12 Oct 2009 02:15 GMT

Euro has fallen after meeting renewed selling
at 1.4743, suggesting recovery fm last Friday's low
of 1.4674 has possibly ended n erratic fall fm 1.48
18 to retrace rise fm 1.4480 shud resume after con-
solidation n yield further weakness twd 1.4650 sup.

Trade fm short side with stop as indicated, abv
wud risk gain to 1.4743 but 1.4774 res shud hold...

Range Forecast
1.4677 / 1.4710

Resistance/Support
R: 1.4743/1.4774/1.4818
S: 1.4674/1.4650/1.4593