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INTRA-DAY EUR/USD OUTLOOK: 1.3131
Updating time : 27 Nov 2006 04:45 GMT
Euro's intra-day retreat after initial rally to
1.3180 (Aust.) suggests recent strg upmove has made
a temp. top n choppy trading with nr term downside
bias is seen for retrace. to 1.3100 but reckon good
sup at 1.3073 wud hold n yield another rebound.
Sell recovery for 1.3105 or if price drops to
there 1st, buy for subsequent bounce to 1.3155...
Range Forecast
1.3120 / 1.3155
Resistance/Support
R: 1.3180/1.3200/1.3239
S: 1.3110/1.3073/1.3057
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