INTRA-DAY EUR/USD OUTLOOK

Last Update At 03 Sep 2010 06:03 GMT

Rate : 1.2825

Current price action suggests further 'choppy'
sideways trading inside nr term established range
of 1.2776-1.2856 wud continue ahead of the release
of a series of eurozone econ. data n as long as
said this week's high holds, a retreat is seen.

For st trade, sell on marginal rise for 1.2805
or buy dips for 1.2840. Abv 1.2856, 1.2875/80.

Range Forecast

1.2815 / 1.2840

Resistance/Support

R: 1.2856/1.2873/1.2903
S: 1.2811/1.2795/1.2776