INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD

EUR/USD: 1.3506

Late Update At 22 Mar 2010 07:23 GMT

The lack of follow-through selling after euro's
brief breach of Friday's NY low to 1.3498 suggests
decline fm last week's high of 1.3819 is losing
momentum n reckon 1.3480/85 wud contain weakness n
bring recovery, however, 1.3548 (AUS) shud hold.

Sell on further rise for 1.3500 n if euro drops
to 1.3485 1st, buy for retracement to 1.3520.


Range Forecast
1.3500 / 1.3530


Resistance/Support

R: 1.3565/1.3586/1.3648
S: 1.3498/1.3484/1.3433