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acetraderfx
02-26-2009, 12:43 AM
INTRADAY TRADING SIGNAL BY ACETRADER.COM

EUR/USD : 1.2700

Last Update At 26 Feb 2009 06:19 GMT

Although euro has retreated after meeting
selling below 1.2764 (NY res) n consolidation with
downside bias is seen, breach of 1.2690 needed to
confirm erratic fall fm 1.2992 has resumed n yield
re-test of daily 1.2662 sup.

Sell on recovery with stop as indicated, break
wud risk stronger retrace. to 1.2795/04...

Range Forecast
1.2720 / 1.2750

Resistance/Support
R: 1.2764/1.2804/1.2831
S: 1.2690/1.2662/1.2600