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INTRA-DAY EUR/USD OUTLOOK:               1.5844

Updating time :31 Mar 2008 14:59 GMT


Lack of follow through buying abv 1.5859 n pre-
sent strg retreat fm 1.5897 suggest further choppy
consolidation wud be seen n another pullback twds
1.5800 cannot be ruled out, however, reckon 1.5760
wud remain intact today.

In view of this, exit long n stand aside. Abv
1.5897 wud bring re-test of 1.5905, then 1.5835...

Range Forecast
1.5830 / 1.5860

Resistance/Support
R: 1.5905/1.5947/1.6000
S: 1.5835/1.5800/1.5760
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