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INTRA-DAY EUR/USD OUTLOOK: 1.2955
Updating time : 23 Nov 2006 11:07 GMT
Euro's current cross-inspired weakness afterfailing to breach 1.2976/80 suggests an intra-day
top is possibly made n although consolidation with
mild downside bias is likely, sup at 1.2918 wud re-
main intact n bring choppy trading later.
Abv 1.2976/80 extends recent upmove twd 1.3000/
10 b4 prospect of pullback due to loss of momentum.
Range Forecast
1.2935 / 1.2965
Resistance/Support
R: 1.2980/1.3000/1.3020
S: 1.2918/1.2901/1.2872
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