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INTRA-DAY EUR/USD OUTLOOK 1.2874
Last Update At 12 Feb 2009 23:16 GMT
Euro's rebound fm y'day's low at 1.2720 on
active cross buying suggests choppy trading inside
the broad range of 1.2706-1.3095 wud continue n abv
1.2909 (Aust.) wud extend gain twds 1.2944 (y'day's
high) b4 prospect of a retreat.
Buy on dips with stop as indicated, below wud
shift risk to downside for weakness to 1.2770/80...
Range Forecast
1.2855 / 1.2890
Resistance/Support
R: 1.2909/1.2944/1.2998
S: 1.2853/1.2767/1.2720
Last Update At 12 Feb 2009 23:16 GMT
Euro's rebound fm y'day's low at 1.2720 on
active cross buying suggests choppy trading inside
the broad range of 1.2706-1.3095 wud continue n abv
1.2909 (Aust.) wud extend gain twds 1.2944 (y'day's
high) b4 prospect of a retreat.
Buy on dips with stop as indicated, below wud
shift risk to downside for weakness to 1.2770/80...
Range Forecast
1.2855 / 1.2890
Resistance/Support
R: 1.2909/1.2944/1.2998
S: 1.2853/1.2767/1.2720
