INTRADAY TRADING SIGNAL BY ACETRADER.COM

EUR/USD : 1.2658

Last Update At 27 Feb 2009 08:34 GMT

Despite intra-day fall to 1.2629, lack of follow
through selling n current rebound suggest upside
risk is for recovery to 1.2687/90, however, reckon
1.2720/25 wud hold n yield another decline later.

In view of ths, exit short n look to sell euro
again on further rise. Below said sup wud extend
weakness twds 1.2600...

Range Forecast
1.2640 / 1.2680

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

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