AceTrader 2-wk TRIAL
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INTRA-DAY EUR/USD OUTLOOK
As euro has rebounded after a brief retreat fm
1.2980 to 1.2963/64, suggesting y'day's rise fm
1.2920 (NY) to retrace decline fm Mon's 4-month top
at 1.2172 may extend marginally, as long as 1.2994
holds, bearishness remains for re-test of 1.2920.
Exit prev. short n hold short for day trade.
Below 1.2963 signals recovery over, 1.2937, 1.2920.
Range Forecast
1.2960 / 1.2980
Resistance/Support
R: 1.2980/1.2994/1.3029
S: 1.2937/1.2920/1.2898
Last Update At
21 Sep 2012 02:21 GMT
Rate
1.2978
Position
Short at 1.2968
Strategy/Entry Level
Exit short
As euro has rebounded after a brief retreat fm
1.2980 to 1.2963/64, suggesting y'day's rise fm
1.2920 (NY) to retrace decline fm Mon's 4-month top
at 1.2172 may extend marginally, as long as 1.2994
holds, bearishness remains for re-test of 1.2920.
Exit prev. short n hold short for day trade.
Below 1.2963 signals recovery over, 1.2937, 1.2920.
Range Forecast
1.2960 / 1.2980
Resistance/Support
R: 1.2980/1.2994/1.3029
S: 1.2937/1.2920/1.2898
Last Update At
21 Sep 2012 02:21 GMT
Rate
1.2978
Position
Short at 1.2968
Strategy/Entry Level
Exit short
