INTRA-DAY EUR/USD OUTLOOK

Euro's rally to 1.2984 (NY) y'day suggests fur-
ther choppy trading abv Fri's 2-week low at 1.2883
wud continue n consolidation with upside bias is
seen, abv said res wud signal recent fall fm 1.3140
(Oct) has ended n yield gain to 1.3000/05 later.

Buy on dips for 1.2980 1st n only below 1.2918/
21 wud abort intra-day bullishness on euro.

Range Forecast
1.2950 / 1.2970

Resistance/Support
R: 1.2984/1.3023/1.3042
S: 1.2921/1.2900/1.2883

Last Update At
31 Oct 2012 04:22 GMT

Rate
1.2960

Strategy/Entry Level
Buy at 1.2950

Objective
1.2980

Stop-Loss
1.2930