INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY USD/JPY : 88.65 Last Updat e At  30 Jun 2010 07:35 GMT Although current anticipated rebound to 88.73  suggests choppy trading abv y’day’s low 88.29 wud   continue, as long as 88.93 res holds, daily bearish  ness remains for a resumption of recent decline to  re-test said sup, below extends to 87.95.  Wud be prudent to stand aside n hold short for  day trade as recommended. Abv 88.93, 89.06 n 89.30.  Range

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INTRADAY TRADING SIGNAL BY ACETRADER.COM : AUD/USD: 0.8530 Last Update At 30 Jun 2010 08:48GMT As aussie has retreated after brief but strg   rebound fm 0.8465 to 0.8562, suggesting recovery   has possibly ended n consolidation with downside   bias wud be seen for weakness to 0.8496 but break   needed to confirm recovery is over, 0.8462.  Sell on pullback with stop as indicated, break  wud risk stronger bounce to 0.8596 Range Forecast 0.8510 / 0.8550

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Risk remained under pressure in early Asian trade after consumer confidence unexpectedly soured in the US, adding to weakness already in motion due to poor data out of China. The EUR/USD bottomed out near 1.2165 in morning trade but eventually found its footing back through 1.2230 as investors shrugged off risk aversion and looked to get back into the oversold European currency. EUR/JPY dropped off to 107.70 lows as news spread on the continuing riots in Athens and Spain, but that pair turned around as well, hitting 108.50 highs late in the day. In essence, the Euro remained in familiar ranges ahead of the Thursday maturity of the ECB’s 12 month EUR 442B loans to its banking sector. Full text »

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INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD EUR/USD: 1.2235 Late Update At  30 Jun 2010 06:46GMT Current rebound on active short-covering sug-  gests a minor retrace. of recent decline remains in  progress n gain to 1.2254/65 cannot be ruled out,   however, price shud falter well below 1.2290/96 res  area n yield selloff later.  Below 1.2204 wud signal recovery has ended   instead n bring weakness to 1.2167. Stand aside. Range Forecast 1.2215 / 1.2245

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