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EUR/USD Daily Outlook
Wed, Aug 27 2008, 00:54 GMT
by AceTrader Team
AceTrader
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INTRA-DAY EUR/USD OUTLOOK: 1.4644
Updating time : 26 Aug 2008 23:13 GMT
Y'day's rebound fm 1.4570 suggests a minor low
has been formed n further consolidation is seen in
Asia but as price action fm there looks corrective,
reckon 1.4696/04 (prev. sup) wud limit upside n
yield retreat later today.
Stand aside n sell euro on further rise for day
trade. Below 1.4600 wud bring re-test of 1.4570...
Range Forecast
+1.4675 / 1.4705+
Resistance/Support
R: 1.4696/1.4745/1.4760
S: 1.4618/1.4600/1.4570
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Published on
Wed, Aug 27 2008, 01:49 GMT
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