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INTRA-DAY EUR/USD OUTLOOK: 1.4422
Updating time :29 Sep 2008 06:35 GMT
Although euro has fallen after brief recoveryto 1.4473 n recent decline is likely to extend to
1.4400, loss of nr term momentum shud prevent sharp
move below 1.4370/74 n risk fm there has increased
for a rebound later.
Wud not chase this move here n stand aside. Abv
1.4450 wud bring pullback to 1.4473 n 1.4490/00...
Range Forecast
+1.4385 / 1.4415+
Resistance/Support
R: 1.4473/1.4514/1.4555
S: 1.4374/1.4330/1.4300
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