INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD

EUR/USD: 1.3693

Late Update At 16 Mar 2010 03:37 GMT

Despite initial weakness to 1.3659 at Asian open
ing, euro has rebounded on renewed cross buying vs
yen & gbp, suggesting further 'choppy' trading abv
y'day's NY low at 1.3639 wud continue, as long as
1.3726/28 holds, daily bearishness remains.

Below 1.3659 anytime wud signal recovery is over
n yield resumption of decline fm 1.3796 twd 1.3600.

Range Forecast
1.3675 / 1.3700


Resistance/Support

R: 1.3701/1.3726/1.3761
S: 1.3659/1.3639/1.3621