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INTRA-DAY EUR/USD OUTLOOK :+1.3869+
Updating time : 02 Jan 2009 06:09 GMT
Euro's intra-day weakness in part due to cross
selling vs gbp suggests re-test of previous sup at
at 1.3824 wud be seen n break there wud extend the
decline fm last month's top at 1.4720 to 1.3790/00.
Lower sell entry with stop as indicated, abv
wud shift risk to the upside for rebound to 1.3930/
40 but 1.3970 shud hold...
Range Forecast
1.3855 / 1.3895
Resistance/Support
R: 1.3947/1.3970/1.4029
S: 1.3851/1.3824/1.3738
Updating time : 02 Jan 2009 06:09 GMT
Euro's intra-day weakness in part due to cross
selling vs gbp suggests re-test of previous sup at
at 1.3824 wud be seen n break there wud extend the
decline fm last month's top at 1.4720 to 1.3790/00.
Lower sell entry with stop as indicated, abv
wud shift risk to the upside for rebound to 1.3930/
40 but 1.3970 shud hold...
Range Forecast
1.3855 / 1.3895
Resistance/Support
R: 1.3947/1.3970/1.4029
S: 1.3851/1.3824/1.3738
