Intraday trading signal by AceTrader - EUR/USD

Rate: 1.2590

Updating time : 02 Mar 2009 06:36 GMT

Although euro has rebounded after intra-day fall
to 1.2545 n recovery to 1.2615/20 cannot be ruled
out, abv 1.2640/45 is needed to signal a temp. low
has been formed there n yield retrace. of recent
decline to 1.2670.

Below said sup wud extend marginally but loss of
nr term momentum wud keep price abv 1.2513...

Range Forecast
1.2570 / 1.2604

Resistance/Support

R: 1.2604/1.2662/1.2737
S: 1.2545/1.2513/1.2436