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INTRA-DAY EUR/USD OUTLOOK: +1.2900+
Despite euro's intra-day cross-inspired rebound,
outlook remains consolidative n as long as 1.2968
res holds, mild downside bias is seen for another
retreat to 1.2890 but reckon sup at 1.2859 wud con-
tain weakness n yield further choppy trading.
Trade fm short side, stop abv there, break sig-
nals pullback fm 1.3081 has possibly ended, 1.3000.
Range Forecast
+1.2885 / 1.2915+
Resistance/Support
R: 1.2968/1.3028/1.3081
S: 1.2880/1.2859/1.2819
Updating time :28 Nov 2008 09:06 GMT
Despite euro's intra-day cross-inspired rebound,
outlook remains consolidative n as long as 1.2968
res holds, mild downside bias is seen for another
retreat to 1.2890 but reckon sup at 1.2859 wud con-
tain weakness n yield further choppy trading.
Trade fm short side, stop abv there, break sig-
nals pullback fm 1.3081 has possibly ended, 1.3000.
Range Forecast
+1.2885 / 1.2915+
Resistance/Support
R: 1.2968/1.3028/1.3081
S: 1.2880/1.2859/1.2819
