INTRA-DAY EUR/USD OUTLOOK         1.2845

Updating time :06 Nov 2008 06:08 GMT


Euro has fallen after brief bounce n risk is
seen for corrective decline fm y'day's high at 1.31
17 to extend to 1.2820/25 n possibly 1.2795 but nr
term o/sold condition shud prevent steep fall below
there n yield rebound later.

Exit long n stand aside for now. Abv 1.2894 wud
revive intra-day bullishness, 1.2930/40, 1.2970...

Range Forecast
1.2838 / 1.2870

Resistance/Support

R: 1.2906/1.2957/1.2977
S: 1.2838/1.2795/1.2753


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AceTrader M-T-D Intra-Day performance summary  (as of 5 Nov)

USD/JPY  -42  | EUR/USD +33  |  USD/CHF +44 |  GBP/USD +115 |


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