EUR/USD Daily Market Outlook by AceTrader

acetraderfx

AceTrader.com Representative
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INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD
EUR/USD: 1.2252

Late Update At 14 Jun 2010 09:37 GMT

Current anticipated breach of 1.2208 confirms
erratic upmove fm the 4-year low of 1.1876 to
retrace recent decline has resumed n further gain
to 1.2238 n then 1.2250/55 is likely, however,
nr term loss of momentum wud cap price at 1.2278.


For st trade, buy again at market with stop as
indicated, break risks stronger pullback to 1.2188.

Range Forecast
1.2240 / 1.2270


Resistance/Support
R: 1.2238/1.2278/1.2342
S: 1.2153/1.2111/1.2074
 
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