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INTRA-DAY EUR/USD OUTLOOK            1.2868

Updating time : 13 Nov 2006 07:02 GMT


Euro's retreat after meeting minor selling at
1.2878 suggests caution on intra-day long n 1.2855/
60 must hold for prospect of a resumption of upmove
for re-test of Friday's high at 1.2901 n then margi
nal gain to indicated target.

Trade fm long side, stop as indicated, below
wud prolong consolidation n risk 1.2836/38...

Range Forecast

1.2860 / 1.2878

Resistance/Support

R: 1.2878/1.2901/1.2940
S: 1.2836/1.2820/1.2800

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