Intraday trading signal by AceTrader - EUR/USD

Rate: +1.2892+

Updating time : 25 Feb 2009 08:11 GMT

Euro's rebound after early brief but strg
pullback fm 1.2879 to 1.2805 suggests erratic rise
fm y'day's low of 1.2662 has possibly resumed n abv
o/head res at 1.2879 wud confirm n extend gain to
1.2900 n then twds 1.2929/30.

Buy on dips with stop as indicated, break wud
prolong choppy trading n risk 1.2805...

Range Forecast
+1.2870 / 1.2910+

Resistance/Support
R: 1.2950/1.2992/1.3050
S: 1.2840/1.2805/1.2769