Intraday trading signal by AceTrader - EUR/USD

Rate: 1.2800

Updating time : 24 Feb 2009 11:45 GMT

Although euro has eased after intra-day rally
to 1.2830 n minor consolidation below there is in
store, pullback shud be ltd to 1.2780 n bullishness
remains for nr term rise fm 1.2662 to extend twds
1.2850 but reckon 1.2885 wud hold.

Trade fm long side with stop as indicated, break
wud risk 1.2750/55 b4 up later today...

Range Forecast
 
1.2790 / 1.2830

Resistance/Support
R: 1.2830/1.2885/1.2950
S: 1.2747/1.2705/1.2662