Intraday trading signal by AceTrader - EUR/USD

Rate: 1.2667

Updating time : 19 Feb 2009 11:43 GMT

As euro has eased after intra-day rally to
1.2686, suggesting minor consolidation is in store
n although pullback to 1.2630/35 cannot be ruled
out, reckon 1.2610/15 wud hold n yield another rise
later, abv said res wud extend to 1.2706.

Buy dips with stop as indicated, only below
sup 1.2597 (prev. res) wud defer n risk 1.2570...


Range Forecast
1.2635 / 1.2675

Resistance/Support

R: 1.2686/1.2706/1.2727
S: 1.2597/1.2540/1.2513