Although euro has maintained a steady to firm
undertone in Asian morning after y'day's selloff to
a 3-week low at 1.2407 in Europe, as long as 1.2462
(reaction high) holds, downside bias remains for a
re-test of 1.2407, below 1.2414 (NY) confirms.
Sell on recovery for this move n only 1.2480/85
aborts bearishness, risks correction twd 1.2500/03.
1.2435 / 1.2460
Last Update At
29 Jun 2012 02:26 GMT
Sell at 1.2460