INTRADAY TRADING SIGNAL BY ACETRADER.COM : EUR/USD

EUR/USD : 1.2907

Last Update At 13 Mar 2009 02:25 GMT

Although euro has rebounded after finding
renewed buying at 1.2885 (Aust.) n consolidation
with upside bias wud be seen, a breach of y'day's
high of 1.2946 is needed to confirm upmove fm 1.24
57 has once again resumed n extend twds 1.2992.

Below 1.2885 wud bring a minor retrace. twds
1.2844 (prev. res) b4 rebound. Stand aside for now.

Range Forecast
1.2890 / 1.2930

Resistance/Support
R: 1.2946/1.2992/1.3055
S: 1.2872/1.2844/1.2783

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