Intraday trading signal by AceTrader - EUR/USD

Rate: 1.2650

Updating time : 27 Feb 2009 08:38 GMT

As euro has retreated after meeting renewed
selling at 1.2662, suggesting decline wud resume
for weakness twds 1.2600, however, o/sold condition
wud limit downside n reckon sup at 1.2557 wud hold
fm here n yield rebound.

Sell again with stop as indicated, break wud
risk recovery top 1.2690 b4 down...

Range Forecast
1.2630 / 1.2670

Resistance/Support

R: 1.2687/1.2751/1.2811
S: 1.2629/1.2600/1.2557