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INTRA-DAY EUR/USD OUTLOOK :1.3268
Updating time : 13 Jan 2009 07:40 GMT
Euro's rebound fm 1.3220 suggests an intra-day
low has possibly been formed n consolidation with
mild upside bias is seen for gain to 1.3290/00, how
ever, abv 1.3338 is needed for a stronger retrace.
of recent decline twds 1.3374 (Aust.).
Below 1.3220 wud bring one more fall to 1.3180/
90 b4 correction due to nr term loss of momentum...
Range Forecast
1.3240 / 1.3280
Resistance/Support
R: 1.3289/1.3338/1.3374
S: 1.3220/1.3160/1.3081
Updating time : 13 Jan 2009 07:40 GMT
Euro's rebound fm 1.3220 suggests an intra-day
low has possibly been formed n consolidation with
mild upside bias is seen for gain to 1.3290/00, how
ever, abv 1.3338 is needed for a stronger retrace.
of recent decline twds 1.3374 (Aust.).
Below 1.3220 wud bring one more fall to 1.3180/
90 b4 correction due to nr term loss of momentum...
Range Forecast
1.3240 / 1.3280
Resistance/Support
R: 1.3289/1.3338/1.3374
S: 1.3220/1.3160/1.3081
