Although euro has rebounded fm 1.2249 to 1.2277
due to cross buying versus the sterling after the
news (see 08:26 MMN), current retreat suggests con
solidation with mild downside bias wud be seen but
below 1.2249 needed for re-test of 1.2225 sup.
Trade fm short side with stop abv said lvl n only
1.2289 res (Asia) wud signal low is made, 1.2297.
1.2249 / 1.2277
Last Update At
31 Jul 2012 09:19 GMT
Short at 1.2265