INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD

EUR/USD: 1.4340

Last Update At 30 Dec 2009 23:28 GMT


Despite y'day's selloff to 1.4273 (NY), subse-
quent strg rebound confirms euro's decline fm this
week's high of 1.4459 has made a low there n conso-
lidation with upside bias remains for further gain
but reckon 1.4388 wud hold fm here.

Buy on dips for this move, stop as indicated,
below may risk possible re-test of said 1.4273 low.

Range Forecast

1.4325 / 1.4355

Resistance/Support

R: 1.4361/1.4388/1.4419
S: 1.4306/1.4273/1.4218