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Forex Trading Signals

EUR/USD Intra-day signal by AceTrader

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by , 08-11-2010 at 02:58 AM (530 Views)
INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD
EUR/USD:
1.3056

Late Update At 11 Aug 2010 06:21 GMT

As euro has fallen after meeting renewed sell-
ing interest at 1.3128, suggesting downside bias remains for decline fm last week's high of 1.3334 to retrace recent upmove to resume n yield re-test of y'day's low of 1.3074, below extends to 1.3057.


Sell on recovery with stop as indicated, break
prolongs choppy trading inside 1.3074-1.3228 range.

Range Forecast
1.3030 / 1.3080


Resistance/Support
R: 1.3128/1.3161/1.3186
S: 1.3057/1.3000/1.2980

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