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INTRA-DAY EUR/USD OUTLOOK :1.3395
Updating time : 12 Jan 2009 04:49 GMT
Euro's recovery after intra-day anticipated
weakness to 1.3372 suggests minor consolidation abv
there wud be seen ahead of European opening n gain
to 1.3435/40 cannot be ruled out but 1.3488 (Aust.)
shud cap upside n yield another selloff later.
Stand aside n look to sell again on pullback as
below 1.3372 wud extend recent decline to 1.3330/40
Range Forecast
1.3380 / 1.3415
Resistance/Support
R: 1.3437/1.3488/1.3534
S: 1.3359/1.3312/1.3242
Updating time : 12 Jan 2009 04:49 GMT
Euro's recovery after intra-day anticipated
weakness to 1.3372 suggests minor consolidation abv
there wud be seen ahead of European opening n gain
to 1.3435/40 cannot be ruled out but 1.3488 (Aust.)
shud cap upside n yield another selloff later.
Stand aside n look to sell again on pullback as
below 1.3372 wud extend recent decline to 1.3330/40
Range Forecast
1.3380 / 1.3415
Resistance/Support
R: 1.3437/1.3488/1.3534
S: 1.3359/1.3312/1.3242
