EUR/USD Daily Outlook
Tuesday, August 17, 2010
, Posted by Usman Ali Minhas at 3:37 AM
International Trading
INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD
EUR/USD: 1.2894Late Update At 17 Aug 2010 09:32 GMTEuro's retreat after marginal rise to 1.2917 on
the better-than-expected Irish auction results sug-
gests an intra-day top has possibly been made, con-
solidation with mild downside bias is seen n below
1.2862 (reaction low) wud confirmm 1.2815/25.Abv 1.2917 wud extend upmove fm this week's low
of 1.2734 to 1.2933. Stand aside in the meantime.Range Forecast
1.2880 / 1.2917
Resistance/Support
R: 1.2917/1.2933/1.2963
S: 1.2862/1.2825/1.2805
