INTRA-DAY EUR/USD OUTLOOK

Euro's present firm rise abv 1.2600 after intra-
day decline fm 1.2620 to 1.2569 suggests further
choppy trading abv y'day's low at 1.2557 wud conti-
nue, however, abv 1.2620 needed to bring stronger
retrace. of y'day's selloff fm 1.2748 to 1.2640/50.

Turn cautious buyer on dips for 1.2615 1st n
only below 1.2569 yields re-test of 1.2557 later.

Range Forecast
1.2590 / 1.2615

Resistance/Support
R: 1.2620/1.2652/1.2674
S: 1.2569/1.2557/1.2516

Last Update At
19 Jun 2012 09:16 GMT

Rate
+1.2608+

Strategy/Entry Level
Buy at +1.2595+

Objective
+1.2625+

Stop-Loss
+1.2580+