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EUR/USD Daily Outlook

Fri, Jan 16 2009, 07:57 GMT
by AceTrader Team

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INTRA-DAY EUR/USD OUTLOOK :1.3256

Updating time : 16 Jan 2009 07:46 GMT

As euro has risen after brief retreat, suggest-
ing nr term upmove fm y'day's 1.3025 low wud resume
after consolidation, abv 1.3277 wud extend twd 1.33
10/20 but reckon res at 1.3338 wud hold on 1st test
ing n yield retreat later.

Buy dips with stop as indicated, break wud risk
weakness to 1.3170/75 b4 up...

Range Forecast
1.3225 / 1.3265

Resistance/Support

R: 1.3277/1.3338/1.3413
S: 1.3186/1.3145/1.3110


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