Intraday Trading Signal By Acetrader.com: Eur/usd - Forex Forum

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> Intraday Trading Signal By Acetrader.com: Eur/usd
AcetraderFX
post May 22 2009, 8:20
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INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD

EUR/USD: 1.3920

Last Update At 22 May 2009 05:35 GMT
Although euro has retreated after intra-day
resumption of upmove to 1.3957, break of 1.3890 is
needed to signal a minor top is in place n bring
retrace. to 1.3850/55 but reckon 1.3815/20 wud hold
n bring another rally.

Abv said res wud extend gain to 1.3980/82 b4
prospect of a strg pullback. Stand aside for now...

Range Forecast
1.3895 / 1.3925

Resistance/Support
R: 1.3957/1.3982/1.4057
S: 1.3873/1.3840/1.3788

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