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INTRADAY TRADING SIGNAL BY ACETRADER.COM :
AUD/USD: 0.9176

Last Update At 23 Mar 2010 02:06 GMT

Although aud has eased fm 0.9188 (AUS), the strg rebound fm y'day's 0.9085 low signals pullback fm last week's 0.9253 high has ended there n upsidebias is seen for retrace. twd 0.9200/04, however,nr term o/bot condition shud cap price at 0.9225.


Buy on dips for gain to 0.9195 1st n only below
below 0.9125/30 aborts intra-day bullishness.



Range Forecast
0.9155 / 0.9185


Resistance/Support
R: 0.9204/0.9225/0.9253
S: 0.9158/0.9125/0.9085

http://www.acetraderfx.com

INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD
EUR/USD: 1.3556

Late Update At 22 Mar 2010 23:24 GMT

Despite euro's selloff to 1.3463 in NY morning
session, subsequent strg rebound to 1.3570 (AUS) confirms last week's fall fm 1.3819 has formed a temp. low there n choppy consolidation is in store in Asia but reckon 1.3570/80 wud cap upside.


Still favour selling on marginal rise but below
1.3498 needed to re-test said y'day's low later.



Range Forecast
1.3540 / 1.3570


Resistance/Support
R: 1.3570/1.3586/1.3627
S: 1.3516/1.3498/1.3463

Market Review - 22/03/2010 22:50GMT

Euro rebounds on short-covering before EU summit


Euro rebounded from a 3-week low against the dollar on Monday as renewed risk appetite lifted up the single currency, high-yielding currencies and U.S. equities. Without major economic report on Monday, the greenback declined against most major currencies.

The single currency fell against the greenback Monday in Asian trade as sentiment remained bearish because Europe was still struggling to find answers for Greece's credit crisis but talks of option protection at 1.3500 has dissuaded any serious attempt to take the pair lower and euro held above the 1.3500 level during European morning. However, the ...

INTRA-DAY GBP/USD: 1.4976


Last Update At 22 Mar 2010 08:06 GMT


Despite cable's resumption of recent decline to 1.4929 in Asia, current rebound suggests an intra-day low has possibly been made n consolidation withmild upside bias wud be seen for gain to 1.4995/00n possibly twds 1.5017 but 1.5034 res wud hold.

Buy at 1.4945 for gain to 1.4995 or if cable rises to 1.5015 1st,
sell for weakness to 1.4965...


Range Forecast
1.4945 / 1.4990


Resistance/Support
R: 1.5017/1.5035/1.5073
S: 1.4940/1.4921/1.4873

http://www.acetraderfx.com