Despite resumption of fall fm Mon's 1.2444 high
to a marginal low at 1.2261 in European morning,
present recovery suggests a minor low is possibly
made n a retracement of said decline to 1.2305/07
is seen but reckon 1.2322/27 shud remain intact.
Trade fm long side with stop as indicated n only
below 1.2243 wud risk one more fall to 1.2220 sup.
1.2265 / 1.2295
Last Update At
10 Aug 2012 09:39 GMT
Long at 1.2270
Hold long for st trade