EUR/USD Daily Outlook

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EUR/USD Daily Outlook
Thu, Sep 25 2008, 04:19 GMT
by AceTrader Team
AceTrader
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INTRA-DAY EUR/USD OUTLOOK: +1.4700+
Updating time :25 Sep 2008 04:08 GMT
Euro's intra-day rebound fm 1.4603 (Aust.) stron
gly suggests the correction fm this week's high at
1.4867 has ended there n upside bias remains for
gain twd 1.4747, however, abv 1.4802 is needed to
confirm recent upmove has finally resumed.
Turn long on dips n only below 1.4663 wud 'pro-
long' consolidation, risk retrace. to 1.4620/30...
Range Forecast
+1.4695 / 1.4720+
Resistance/Support
|R: 1.4733/1.4747/1.4802
S: 1.4663/1.4633/1.4603
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Published on
Fri, Sep 26 2008, 03:41 GMT
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