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INTRA-DAY EUR/USD OUTLOOK : 1.2890
Updating time : 30 Jan 2009 04:21 GMT
Euro's intra-day weakness due to renewed cross
selling vs yen n chf suggests the decline fm this
week's 1.3335 high may extend marginally to 1.2861
but near term loss of momentum shud prevent steep
fall, yield a corrective bounce later.
Abv 1.2930/33 signals intra-day low is possibly
made n brings rebound to 1.2960/70. Stand aside...
Range Forecast
1.2875 / 1.2910
Resistance/Support
R: 1.2933/1.2996/1.3028
S: 1.2883/1.2861/1.2764
Updating time : 30 Jan 2009 04:21 GMT
Euro's intra-day weakness due to renewed cross
selling vs yen n chf suggests the decline fm this
week's 1.3335 high may extend marginally to 1.2861
but near term loss of momentum shud prevent steep
fall, yield a corrective bounce later.
Abv 1.2930/33 signals intra-day low is possibly
made n brings rebound to 1.2960/70. Stand aside...
Range Forecast
1.2875 / 1.2910
Resistance/Support
R: 1.2933/1.2996/1.3028
S: 1.2883/1.2861/1.2764
