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INTRA-DAY EUR/USD OUTLOOK: 1.2627
Euro's nr term sideways trading is likely to
continue n although marginal gain to 1.2650/60 can
not be ruled out, as outlook remains consolidative,
res at 1.2701 shud hold fm here.
Below 1.2606 wud bring weakness twd 1.2566 but
sup at 1.2512 shud remain intact n yield rebound.
Stand aside for now n buy dips for day trade...
Range Forecast
1.2610 / 1.2641
Resistance/Support
R: 1.2641/1.2701/1.2742
S: 1.2566/1.2546/1.2512
Updating time :19 Nov 2008 06:30 GMT
Euro's nr term sideways trading is likely to
continue n although marginal gain to 1.2650/60 can
not be ruled out, as outlook remains consolidative,
res at 1.2701 shud hold fm here.
Below 1.2606 wud bring weakness twd 1.2566 but
sup at 1.2512 shud remain intact n yield rebound.
Stand aside for now n buy dips for day trade...
Range Forecast
1.2610 / 1.2641
Resistance/Support
R: 1.2641/1.2701/1.2742
S: 1.2566/1.2546/1.2512
