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Old 3rd June 2009, 07:43
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Default INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD

INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD

EUR/USD: 1.4300

Last Update At 03 Jun 2009 07:18 GMT
Despite intra-day brief breach of 1.4332, lack
of follow through buying n current retreat fm 1.43
39 suggest consolidation below there is in store,
however, break of 1.4272 sup is needed to signal a
temp. top is formed, 1.4240/45.

Abv said res brings one more rise to 1.4375/80
b4 correction due to loss of momentum. Stand aside.

Range Forecast
+1.4260 / 1.4300+

Resistance/Support
R: 1.4339/1.4363/1.4422
S: 1.4246/1.4208/1.4160
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