INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD

EUR/USD: 1.4292

Last Update At 08 Jan 2010 05:55 GMT


Euro's present breach of y'day's 1.4299 low sig
nals decline fm this wk's 1.4485 high has possibly
resumed n below 1.4282 wud confirm n bring re-test
of 1.4257 sup, however, near term o/sold condition
shud prevent steep fall below there, risk rebound.

Wud not chase this move n look to sell recovery
as only abv 1.4328 prolongs choppy trading, 1.4351.

Range Forecast

1.4280 / 1.4310

Resistance/Support

R: 1.4328/1.4351/1.4399
S: 1.4282/1.4257/1.4218