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INTRA-DAY EUR/USD OUTLOOK :1.3598
Updating time : 08 Jan 2009 02:32 GMT
Although euro has recovered after early selloff
to 1.3560 n minor consolidation is envisaged, abv
1.3640/45 is needed to signal intra-day low is made
n bring rebound to 1.3670 (Aust.) n then 1.3700.
Below said sup wud extend the retreat fm y'day's
high at 1.3747 twds 1.3520/30 b4 prospect of a re-
bound due to nr term o/sold condition. Stand aside.
Range Forecast
1.3580 / 1.3615
Resistance/Support
R: 1.3670/1.3747/1.3773
S: 1.3560/1.3543/1.3463
Updating time : 08 Jan 2009 02:32 GMT
Although euro has recovered after early selloff
to 1.3560 n minor consolidation is envisaged, abv
1.3640/45 is needed to signal intra-day low is made
n bring rebound to 1.3670 (Aust.) n then 1.3700.
Below said sup wud extend the retreat fm y'day's
high at 1.3747 twds 1.3520/30 b4 prospect of a re-
bound due to nr term o/sold condition. Stand aside.
Range Forecast
1.3580 / 1.3615
Resistance/Support
R: 1.3670/1.3747/1.3773
S: 1.3560/1.3543/1.3463
