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INTRA-DAY EUR/USD OUTLOOK: 1.2757
Updating time : 01 Nov 2006 07:14 GMT
Despite euro's retreat fm y'day's high at 1.2783,
this move looks corrective n downside shud be ltd
to 1.2740/45, yield resumption of upmove for a re-
test of said res n then 1.2800 but chart lvl at 1.
2831 wud remain intact due to loss of momentum.
Trade fm long side with stop as indicated, below
1.2725 signals temp. top is made n risks 1.2700/05.
Range Forecast
+1.2745 / 1.2770+
Resistance/Support
R: 1.2783/1.2800/1.2831
S: 1.2734/1.2679/1.2664
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