INTRA-DAY EUR/USD OUTLOOK 1.2879

Last Update At
11 Feb 2009 00:45 GMT

As euro has fallen after meeting renewed selling
at 1.2930, suggesting recovery fm o/n NY low at
1.2835 has ended n re-test of this sup is seen,
however, below is needed to extend nr term decline
fm 1.3075 to 1.2810 (y'day's low in Asia).

Sell on pullback with stop as indicated n only
abv 1.2930 wud risk correction to 1.2960/70...

Range Forecast
1.2860 / 1.2895

Resistance/Support

R: 1.2930/1.2987/1.3075
S: 1.2835/1.2810/1.2747