AceTrader 1-wk TRIAL
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INTRA-DAY EUR/USD OUTLOOK :1.3060
Updating time : 29 Jan 2009 07:07 GMT
As euro has fallen after meeting renewed sell-
ing interest at 1.3125/30, suggesting the decline
fm y'day's high at 1.3335 to retrace recent upmove
wud extend to 1.3035/40, however, anticipated near
term o/sold condition wud limit downside to 1.3000.
Wud not chase this move, instead, stand aside
n look to sell on recovery as 1.3125/30 shud hold..
Range Forecast
1.3045 / 1.3085
Resistance/Support
R: 1.3128/1.3180/1.3213
S: 1.3035/1.2988/1.2931
Updating time : 29 Jan 2009 07:07 GMT
As euro has fallen after meeting renewed sell-
ing interest at 1.3125/30, suggesting the decline
fm y'day's high at 1.3335 to retrace recent upmove
wud extend to 1.3035/40, however, anticipated near
term o/sold condition wud limit downside to 1.3000.
Wud not chase this move, instead, stand aside
n look to sell on recovery as 1.3125/30 shud hold..
Range Forecast
1.3045 / 1.3085
Resistance/Support
R: 1.3128/1.3180/1.3213
S: 1.3035/1.2988/1.2931
