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INTRA-DAY EUR/USD OUTLOOK :1.3359
Updating time : 19 Jan 2009 04:13 GMT
Although euro has rebounded after intra-day re
treat fm 1.3387 to 1.3313 n marginal gain abv said
res is likely, loss of nr term momentum wud prevent
sharp move beyond 1.3445/50 n risk fm there has in-
creased for a correction later.
Wud not chase this move n buy dips for day
trade as 1.3270/80 shud limit downside...
Range Forecast
1.3340 / 1.3380
Resistance/Support
R: 1.3413/1.3447/1.3505
S: 1.3313/1.3280/1.3211
Updating time : 19 Jan 2009 04:13 GMT
Although euro has rebounded after intra-day re
treat fm 1.3387 to 1.3313 n marginal gain abv said
res is likely, loss of nr term momentum wud prevent
sharp move beyond 1.3445/50 n risk fm there has in-
creased for a correction later.
Wud not chase this move n buy dips for day
trade as 1.3270/80 shud limit downside...
Range Forecast
1.3340 / 1.3380
Resistance/Support
R: 1.3413/1.3447/1.3505
S: 1.3313/1.3280/1.3211
