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INTRA-DAY EUR/USD OUTLOOK: 1.2855
Despite intra-day rebound after finding renewed
buying at 1.2821, abv 1.2890/95 is needed to signal
the retreat fm Australian high at 1.2960 has ended,
otherwise, risk is seen for another corrective fall
n below said sup wud extend to 1.2790/00.
Exit intra-day long n stand aside. Abv 1.2890/95
wud signal upmove has resumed, 1.2920/30 n 1.2960..
Range Forecast
1.2835 / 1.2870
Resistance/Support
R: 1.2893/1.2960/1.3000
S: 1.2821/1.2748/1.2678
Updating time :25 Nov 2008 05:26 GMT
Despite intra-day rebound after finding renewed
buying at 1.2821, abv 1.2890/95 is needed to signal
the retreat fm Australian high at 1.2960 has ended,
otherwise, risk is seen for another corrective fall
n below said sup wud extend to 1.2790/00.
Exit intra-day long n stand aside. Abv 1.2890/95
wud signal upmove has resumed, 1.2920/30 n 1.2960..
Range Forecast
1.2835 / 1.2870
Resistance/Support
R: 1.2893/1.2960/1.3000
S: 1.2821/1.2748/1.2678
