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INTRA-DAY EUR/USD OUTLOOK : 1.2905
Updating time : 09 Feb 2009 08:31 GMT
Although euro has rebounded after intra-day
marginal fall to 1.2874 n consolidation with mild
upside bias is seen, break of 1.2915/20 is needed
to signal a temp. low is made n bring recovery twds
1.2945/50 later.
Below said sup wud yield stronger retrace. twds
1.2840 b4 up. Stand aside in the meantime...
Range Forecast
1.2885 / 1.2920
Resistance/Support
R: 1.2958/1.2993/1.3071
S: 1.2874/1.2836/1.2747
Updating time : 09 Feb 2009 08:31 GMT
Although euro has rebounded after intra-day
marginal fall to 1.2874 n consolidation with mild
upside bias is seen, break of 1.2915/20 is needed
to signal a temp. low is made n bring recovery twds
1.2945/50 later.
Below said sup wud yield stronger retrace. twds
1.2840 b4 up. Stand aside in the meantime...
Range Forecast
1.2885 / 1.2920
Resistance/Support
R: 1.2958/1.2993/1.3071
S: 1.2874/1.2836/1.2747
