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EUR/USD Daily Outlook
Mon, Apr 28 2008, 02:18 GMT
by AceTrader Team
AceTrader
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INTRA-DAY EUR/USD OUTLOOK: 1.5621
Updating time :28 Apr 2008 00:54 GMT
Current price action suggests as long as intra-
day low at 1.5593 (Aust.) holds, euro's choppy con-
solidation abv Friday's low at 1.5555 wud continue
n upside bias remains for gain to 1.5645 but abv
1.5668 (NY high) is needed to extend to 1.5690/00.
Buy dips with stop below said minor sup, break
wud shift risk to downside for re-test of 1.5555...
Range Forecast
1.5605 / 1.5635
Resistance/Support
R: 1.5668/1.5707/1.5773
S: 1.5582/1.5555/1.5510
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Published on
Mon, Apr 28 2008, 02:41 GMT
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