Forex Market Outlook on Majors
Wed, Feb 11 2009, 09:17 GMT
by AceTrader Team
AceTrader | View company's profile
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Intra-Day EUR/USD Outlook 1.2980
Last Update At 11 Feb 2009 08:58 GMT
Although current firmness suggests y'day's fall
fm 1.3075 has ended at 1.2835 n gain twds 1.3000/05
cannot be ruled out, however, as broad outlook is
consolidative, upside shud be ltd to 1.3030/35 n
yield retreat later.
Wud not chase this move here n stand aside for
now. Only below 1.2930 (prev. res) signals top made
Range Forecast
1.2960 / 1.2995
Resistance/Support
R: 1.2987/1.3075/1.3095
S: 1.2930/1.2835/1.2810
Published on
Wed, Feb 11 2009, 09:31 GMT
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