INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD
EUR/USD: 1.2660

Late Update At 25 Aug 2010 01:13 GMT

Despite euro's rally fm 1.2588 to 1.2720 in vola
tile NY session, subsequent sharp retreat after S&P
's downgrade of Ireland's rating suggests choppy
consolidation with downside bias is seen but below
1.2603 needed to bring re-test of 1.2588 later.


Sell on recovery for 1.2615 n only abv 1.2685/90
wud risk another bounce twd said y'day's high.

Range Forecast
1.2630 / 1.2660

Resistance/Support
R: 1.2665/1.2684/1.2720
S: 1.2616/1.2588/1.2552