INTRA-DAY EUR/USD OUTLOOK

INTRA-DAY EUR/USD OUTLOOK

Although present retreat due to intra-day fall
in eur/yen suggests further choppy trading below
Fri's 3-week high at 1.2991 (NY) wud continue n
marginal weakness is seen, reckon 1.2930/35 wud con
tain pullback n bring another rebound later.

Buy on dips with stop as indicated n only firm
break of 1.2915 aborts intra-day bullishness.

Range Forecast
1.2945 / 1.2970

Resistance/Support
R: 1.2977/1.2991/1.3021
S: 1.2933/1.2915/1.2899

Last Update At
26 Nov 2012 02:03 GMT

Rate
1.2954

Strategy/Entry Level
Buy at 1.2945

Objective
1.2975

Stop-Loss
1.2925
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