INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD

EUR/USD:1.4974

Last Update 20 Oct 2009 05:48 GMT

As euro has retreated after meeting selling
at 1.4994 (Asia), consolidation below there is seen
with mild downside bias for a pullback twd 1.4954
(Aust.), however, reckon 1.4920/30 wud limit down-
side n yield rebound later.

Abv 1.4994 wud extend uptrend to 1.5020/30 b4
prospect of a correction. Stand aside for now.

Range Forecast
1.4960 / 1.4990

Resistance/Support

R: 1.4994/1.5028/1.5123
S: 1.4954/1.4929/1.4899