INTRA-DAY EUR/USD OUTLOOK :1.2904

Updating time : 26 Jan 2009 02:33 GMT

Despite intra-day cross-inspired selloff, euro's
recovery fm 1.2861 suggests minor consolidation abv
there wud be seen in Asia n gain to 1.2950/60 can't
be ruled out, however, only abv 1.2990 wud signal
another leg of upmove fm 1.2764 is under way.

Below 1.2861 wud yield weakness to 1.2810/20 b4
prospect of a rebound. Stand aside for now...

Range Forecast
1.2885 / 1.2920

Resistance/Support
R: 1.2962/1.2990/1.3035
S: 1.2861/1.2786/1.2764