AceTraderFx's Commentaries
Feb
8
2010
EUR/USD Daily Market Outlook by AceTrader
by AceTraderFx
Overall Rating:
INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD
EUR/USD: 1.3625
Late Update At 08 Feb 2010 06:17 GMT
Euro has ratcheted lower in Asian trading after
initial brief rebound to 1.3718 (NZ/AUS), however,
unless price is able to penetrate Friday's NY low
of 1.3585, odds still favour further 'choppy' trad-
ing abv said sup n yield rebound to 1.3660/70.
Stand aside n buy on next decline or sell for
day trade on subsequent gain to 1.3700.
Range Forecast
1.3605 / 1.3640
Resistance/Support
R: 1.3670/1.3718/1.3742
S: 1.3600/1.3585/1.3550
Tags:
