AceTrader 1-wk TRIAL
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INTRA-DAY EUR/USD OUTLOOK: 1.2785
Updating time : 09 Nov 2006 08:04 GMT
Although euro's current anticipated firmness sug
gests the correction fm 1.2820 has possibly ended
at 1.2746 y'day n consolidation with upside bias is
likely, a firm break of 1.2808 is needed to signal
recent upmove has resumed n yield gain twd 1.2831.
Wud not chase current move n stand aside. Below
1.2760 wud prolong choppy trading n risk 1.2746...
Range Forecast
1.2775 / 1.2800
Resistance/Support
R: 1.2820/1.2831/1.2880
S: 1.2746/1.2723/1.2683
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