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INTRA-DAY EUR/USD OUTLOOK 1.2680
Last Update At 17 Feb 2009 01:14 GMT
Intra-day decline has accelerated after euro's
breach of recent key sup at 1.2706, confirming the
decline fm 1.4720 has resumed n although marginal
weakness is seen, o/sold condition has increased
risk of a rebound b4 prospect of another fall.
Stand aside n look to sell on recovery twd 1.27
20 as only abv 1.2761 wud signal low is made...
Range Forecast
1.2665 / 1.2705
Resistance/Support
R: 1.2727/1.2761/1.2826
S: 1.2627/1.2529/1.2423
Last Update At 17 Feb 2009 01:14 GMT
Intra-day decline has accelerated after euro's
breach of recent key sup at 1.2706, confirming the
decline fm 1.4720 has resumed n although marginal
weakness is seen, o/sold condition has increased
risk of a rebound b4 prospect of another fall.
Stand aside n look to sell on recovery twd 1.27
20 as only abv 1.2761 wud signal low is made...
Range Forecast
1.2665 / 1.2705
Resistance/Support
R: 1.2727/1.2761/1.2826
S: 1.2627/1.2529/1.2423
