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INTRA-DAY EUR/USD OUTLOOK :1.3021
Updating time : 20 Jan 2009 06:11 GMT
As euro has rebounded after intra-day marginal
fall to 1.2974, suggesting consolidation abv there
is in store n although retrace. to 1.3050/55 cannot
be ruled out, reckon 1.3075/80 wud limit upside n
minor res at 1.3103 shud hold.
Below said sup wud extend one more decline but
loss of momentum wud keep price abv 1.2925/30...
Range Forecast
1.3000 / 1.3040
Resistance/Support
R: 1.3058/1.3118/1.3164
S: 1.2950/1.2907/1.2850
Updating time : 20 Jan 2009 06:11 GMT
As euro has rebounded after intra-day marginal
fall to 1.2974, suggesting consolidation abv there
is in store n although retrace. to 1.3050/55 cannot
be ruled out, reckon 1.3075/80 wud limit upside n
minor res at 1.3103 shud hold.
Below said sup wud extend one more decline but
loss of momentum wud keep price abv 1.2925/30...
Range Forecast
1.3000 / 1.3040
Resistance/Support
R: 1.3058/1.3118/1.3164
S: 1.2950/1.2907/1.2850
