INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD

EUR/USD: 1.3531

Late Update At 21 Mar 2010 23:41 GMT

Although euro's rebound fm Friday's NY low of
1.3503 suggests initial consolidation is in store
in Asia, as the early breach of 1.3530 sup signals
MT downtrend fm 1.5145 has resumed, bearishness
remains for re-test of 1.3503, then 1.3480/84.

Look to sell on further recovery as only abv
1.3586 (prev. sup) wud risk gain twd 1.3603/08.


Range Forecast
1.3520 / 1.3550


Resistance/Support

R: 1.3565/1.3586/1.3648
S: 1.3503/1.3484/1.3433