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Although euro has fallen after meeting renewed
selling around 1.4400/05 n consolidation with mild
downside bias remains, below 1.4303 (y'day's low)
is needed to signal recent decline fm 1.4867 has
once again resumed, 1.4260/70.
Stand aside n look to sell on recovery as only
abv 1.4430/35 suggests intra-day low made, 1.4460..
Range Forecast
1.4345 / 1.4375
Resistance/Support
R: 1.4401/1.4433/1.4526
S: 1.4303/1.4258/1.4152
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INTRA-DAY EUR/USD OUTLOOK: 1.4355
Updating time :30 Sep 2008 02:32 GMT
Although euro has fallen after meeting renewed
selling around 1.4400/05 n consolidation with mild
downside bias remains, below 1.4303 (y'day's low)
is needed to signal recent decline fm 1.4867 has
once again resumed, 1.4260/70.
Stand aside n look to sell on recovery as only
abv 1.4430/35 suggests intra-day low made, 1.4460..
Range Forecast
1.4345 / 1.4375
Resistance/Support
R: 1.4401/1.4433/1.4526
S: 1.4303/1.4258/1.4152
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