AceTrader 2-wk TRIAL
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INTRA-DAY EUR/USD OUTLOOK
As euro has rebounded after finding renewed buy-
ing earlier at 1.2222, suggesting intra-day retreat
fm 1.2273 (NZ) has 'possibly' ended n consolidation
with upside bias is seen for gain twd 1.2257, abv
wud encourage for re-test of said res later.
Hold long for this move n only below 1.2216/19
risks stronger retrace. of Fri's rally twd 1.2200.
Range Forecast
1.2225 / 1.2255
Resistance/Support
R: 1.2273/1.2297/1.2334
S: 1.2222/1.2204/1.2182
Last Update At
16 Jul 2012 07:29 GMT
Rate
1.2235
Position
Long at 1.2225
Strategy/Entry Level
Hold long
Objective
1.2255
Stop-Loss
1.2215
As euro has rebounded after finding renewed buy-
ing earlier at 1.2222, suggesting intra-day retreat
fm 1.2273 (NZ) has 'possibly' ended n consolidation
with upside bias is seen for gain twd 1.2257, abv
wud encourage for re-test of said res later.
Hold long for this move n only below 1.2216/19
risks stronger retrace. of Fri's rally twd 1.2200.
Range Forecast
1.2225 / 1.2255
Resistance/Support
R: 1.2273/1.2297/1.2334
S: 1.2222/1.2204/1.2182
Last Update At
16 Jul 2012 07:29 GMT
Rate
1.2235
Position
Long at 1.2225
Strategy/Entry Level
Hold long
Objective
1.2255
Stop-Loss
1.2215
