EUR/USD Daily Outlook

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EUR/USD Daily Outlook
Tue, Sep 30 2008, 02:29 GMT
by AceTrader Team
AceTrader
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INTRA-DAY EUR/USD OUTLOOK: 1.4371
Updating time :29 Sep 2008 23:19 GMT
Euro has fallen o/n NY high at 1.4572 on active
cross selling vs yen n consolidation with downside
bias is seen but below 1.4303 (y'day's low) needed
to signal recent decline fm 1.4867 has once again
resumed, 1.4260/70.
Stand aside n look to sell on recovery as only
abv 1.4430/35 suggests intra-day low made, 1.4460..
Range Forecast
1.4355 / 1.4395
Resistance/Support
R: 1.4433/1.4526/1.4572
S: 1.4303/1.4258/1.4152
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Published on
Tue, Sep 30 2008, 02:30 GMT
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