Intraday trading signal by AceTrader - EUR/USD

Rate: 1.2793

Updating time : 25 Feb 2009 13:15 GMT

Despite intra-day marginal fall to 1.2757, lack
of follow through selling suggests consolidation
is in store n recovery to 1.2805/10 cannot be ruled
out, however, reckon res at 1.2854 wud hold fm here
n yield another decline.

Stand aside for now. Only below said sup wud extend
weakness to 1.2715/20...

Range Forecast
1.2765 / 1.2805

Resistance/Support
R: 1.2811/1.2855/1.2900
S: 1.2757/1.2700/1.2662