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INTRA-DAY EUR/USD OUTLOOK :1.3426
Updating time : 06 Jan 2009 08:17 GMT
As euro has remained under pressure, suggesting
recent decline remains in progress n weakness twds
1.3400/05 can't be ruled out, however, loss of down
ward momentum shud limit downside to 1.3380 n yield
rebound later today.
Stand aside for now n buy dips for day trade.
Abv 1.3460/65 wud signal low possibly made, 1.3500.
Range Forecast
1.3425 / 1.3465
Resistance/Support
R: 1.3546/1.3568/1.3618
S: 1.3415/1.3370/1.3330
Updating time : 06 Jan 2009 08:17 GMT
As euro has remained under pressure, suggesting
recent decline remains in progress n weakness twds
1.3400/05 can't be ruled out, however, loss of down
ward momentum shud limit downside to 1.3380 n yield
rebound later today.
Stand aside for now n buy dips for day trade.
Abv 1.3460/65 wud signal low possibly made, 1.3500.
Range Forecast
1.3425 / 1.3465
Resistance/Support
R: 1.3546/1.3568/1.3618
S: 1.3415/1.3370/1.3330
