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EUR/USD Daily Outlook
Fri, Mar 14 2008, 07:59 GMT
by AceTrader Team
AceTrader
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INTRA-DAY EUR/USD OUTLOOK: 1.5602
Updating time :14 Mar 2008 07:46 GMT
Euro's retreat after rising to a marginal high
at 1.5652 suggests an intra-day top has been formed
there n consolidation with mild downside bias is
seen, however, reckon 1.5550 wud contain weakness
n sup at 1.5522 wud hold.
Sell on recovery with stop as indicated, only
abv 1.5652 wud risk one more rise to 1.5675/80...
Range Forecast
1.5595 / 1.5625
Resistance/Support
R: 1.5652/1.5695/1.5726
S: 1.5589/1.5550/1.5522
*******************************************Published on
Fri, Mar 14 2008, 08:01 GMT
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