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INTRA-DAY EUR/USD OUTLOOK:                 1.2960

Updating time : 13 Feb 2007 04:14 GMT


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As euro has remained sidelined after y'day's
selloff fm 1.3037 to 1.2941, further consolidation
wud be seen b4 European opening n as long as 1.2984
(prev. sup) holds, erratic fall fm 1.3045 shud ex-
tend to 1.2930/35 but 1.2913 shud contain weakness.

Trade fm short side with stop abv there, break
wud risk stronger recovery to 1.3000/05...

Range Forecast

1.2941 / 1.2970

Resistance/Support

R: 1.2984/1.3024/1.3045
S: 1.2941/1.2913/1.2877


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