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INTRA-DAY EUR/USD OUTLOOK :1.2948
Updating time : 23 Jan 2009 04:02 GMT
Although euro has continued to move lower fm
1.3030 (Aust.) n weakness twd 1.2908 can't be ruled
out, outlook remains consolidative n reckon 1.2880/
90 wud limit downside n bring rebound.
Wud not chase this move, instead, stand aside
for now. Abv 1.2965/75 wud prolong choppy trading
n may yield gain twd 1.3000/05...
Range Forecast
1.2935 / 1.2975
Resistance/Support
R: 1.3004/1.3030/1.3087
S: 1.2908/1.2856/1.2825
Updating time : 23 Jan 2009 04:02 GMT
Although euro has continued to move lower fm
1.3030 (Aust.) n weakness twd 1.2908 can't be ruled
out, outlook remains consolidative n reckon 1.2880/
90 wud limit downside n bring rebound.
Wud not chase this move, instead, stand aside
for now. Abv 1.2965/75 wud prolong choppy trading
n may yield gain twd 1.3000/05...
Range Forecast
1.2935 / 1.2975
Resistance/Support
R: 1.3004/1.3030/1.3087
S: 1.2908/1.2856/1.2825
