INTRA-DAY EUR/USD OUTLOOK +1.2912+

Last Update At
12 Feb 2009 08:12 GMT

Although euro's retreat after intra-day rebound
fm 1.2858 to 1.2944 suggests consolidation is in
store, as long as said sup lvl holds, mild upside
bias remains but break of said res needed to signal
fall fm 1.2998 has ended at 1.2833 y'day, 1.2980.

Buy dips with stop below said sup, breach wud
shift risk to downside for weakness to 1.2833 1st..

Range Forecast
+1.2885 / 1.2925+

Resistance/Support

R: 1.2944/1.2998/1.3075
S: 1.2858/1.2833/1.2810