AceTraderFx's Commentaries
Mar
16
2010
EUR/USD Daily Market Outlook by AceTrader
by AceTraderFx
Overall Rating:
Forex signal: Exit short n stand aside for now. Below 1.3657
wud bring re-test of 1.3639, then 1.3600. http://www.acetraderfx.com
INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD
EUR/USD: 1.3683
Late Update At 16 Mar 2010 08:44 GMT
Despite euro's retreat fm 1.3701 to 1.3657, sub-
sequent rebound suggests further 'choppy' trading
inside nr term range of 1.3657-1.3701 wud continue.
as long as 1.3701 holds, daily bearishness remains
for decline fm 1.3796 to head twd 1.3600 later.
Exit short n stand aside for now. Below 1.3657
wud bring re-test of 1.3639, then 1.3600.
Range Forecast
1.3665 / 1.3790
Resistance/Support
R: 1.3701/1.3726/1.3761
S: 1.3657/1.3639/1.3621
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