AceTrader 1-wk TRIAL
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INTRA-DAY EUR/USD OUTLOOK: 1.4816
Updating time : 28 Nov 2007 04:19 GMT
Although euro's decline fm y'day's 1.4909 highhas kept price under pressure, as long as previous
good sup area at 1.4775/84 holds, further 'choppy'
sideways move inside recent established range is
seen n yield rebound due to nr term o/s condition.
Incline to buy on marginal fall, stop below said
sup, break wud risk weakness to 1.4740/45 later...
Range Forecast
1.4795 / 1.4825
Resistance/Support
R: 1.4847/1.4887/1.4909
S: 1.4784/1.4753/1.4726
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