INTRA-DAY EUR/USD OUTLOOK

Last Update At 09 Sep 2010 09:08 GMT

Rate : 1.2717

Despite euro's brief drop to 1.2665, subsequent
rebound to 1.2736 suggests further choppy consolida
tion abv y'day's low of 1.2659 wud continue n gain
to 1.2743 cannot be ruled out but break needed to
bring another corrective upmove to 1.2764.

Below 1.2682 wud yield re-test of 1.2659. Suggest
to stand aside in the meantime.

Range Forecast

1.2710 / 1.2736

Resistance/Support

R: 1.2743/1.2764/1.2789
S: 1.2659/1.2625/1.2588