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INTRA-DAY EUR/USD OUTLOOK : 1.2855
Updating time : 05 Feb 2009 07:32 GMT
Current rebound suggests a temp. low has been
formed at 1.2798 n consolidation with upside bias
is seen for retrace. of y'day's fall fm 1.3071 to
1.2900, however, reckon 1.2935 res wud hold n yield
another decline later.
Buy again on dips with stop as indicated, break
wud risk re-test of 1.2798, then 1.2770...
Range Forecast
1.2840 / 1.2880
Resistance/Support
R: 1.2872/1.2935/1.2976
S: 1.2798/1.2776/1.2737
Updating time : 05 Feb 2009 07:32 GMT
Current rebound suggests a temp. low has been
formed at 1.2798 n consolidation with upside bias
is seen for retrace. of y'day's fall fm 1.3071 to
1.2900, however, reckon 1.2935 res wud hold n yield
another decline later.
Buy again on dips with stop as indicated, break
wud risk re-test of 1.2798, then 1.2770...
Range Forecast
1.2840 / 1.2880
Resistance/Support
R: 1.2872/1.2935/1.2976
S: 1.2798/1.2776/1.2737
