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INTRA-DAY EUR/USD OUTLOOK:                1.3165

Updating time : 29 Dec 2006 08:56 GMT

Euro's intra-day retreat fm 1.3184 suggests con
solidation with mild downside bias is seen, however
, break of 1.3130 is needed to signal y'day's dec-
line fm 1.3201 has resumed n yield subsequent fall
twds 1.3090/00.

Abv 1.3184 prolongs choppy trading n risks re-
test of 1.3201. Stand aside in the menatime...

Range Forecast

1.3160 / 1.3185

Resistance/Support
R: 1.3201/1.3245/1.3293
S: 1.3132/1.3106/1.3090


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