INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD

EUR/USD:1.4705

Last Update 14 Oct 2009 06:46 GMT

Although euro's recent upmove may extend margi-
nally abv 1.4900, near term 'loss of momentum' shud
cap upside below 1.4920/30 n yield correction later
, however, below 1.4839 (Aust.) is needed to signal
intra-day top has been formed.

Sell on further rise with stop as indicated,
abv wud risk gain to 1.4950/60 b4 down.

Range Forecast
1.4870 / 1.4905

Resistance/Support

R: 1.4910/1.4953/1.5006
S: 1.4839/1.4799/1.4762