Intra-day trading signal for EUR/GBP by AceTrader

Rate: 0.8810

Updating time : 20 Feb 2009 12:37 GMT

Euro's selloff fm 0.8896 confirms correction fm
y'day's 0.8772 low has ended there n further fall
to 0.8790 is now envisaged, however, nr term o/sold
condition shud limit downside n reckon said low
shud hold on 1st testing.

Sell on recovery with stop as indicated, abv
wud prolong choppy trading n risk 0.8860/70...

Range Forecast 
0.8810 / 0.8840 

Resistance/Support

R: 0.8896/0.8922/0.9027
S: 0.8792/0.8772/0.8753