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INTRA-DAY EUR/USD OUTLOOK:          1.4521  

Updating time : 06 Nov 2007 08:19 GMT

Although euro has eased after marginal breach of
y'day's high at 1.4530, intra-dau selloff in dlr vs
other European currencies shud support price here n
reckon MT uptrend wud extend twd 1.4550 b4 prospect
of a retreat due to loss of momentum.

Turn cautious buyer on dips with stop as indica-
ted, below wud risk pullback twd Asian 1.4467 low..

Range Forecast
1.4510 / 1.4532

Resistance/Support
R: 1.4532/1.4550/1.4585
S: 1.4467/1.4444/1.4404

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