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Forex Market Outlook on Majors
Mon, Jun 29 2009, 07:03 GMT
AceTrader
INTRA-DAY EUR/USD:
Last Update At 29 Jun 2009 07:02 GMT
Rate : 1.4003
Although euro has recovered after intra-day fall
to 1.3982 at European opening, as early breach of
1.4003 signals near term decline fm 1.4119 (last
Friday's high) has resumed, downside bias is seen
for correction of the rise fm 1.3888 twd 1.3960/70.
Turn short on pullback with stop as indicated,
abv wud abort n risk rebound twd 1.4078 (Aust.)...
Range Forecast
1.3985 / 1.4020
Resistance/Support
R: 1.4043/1.4078/1.4119
S: 1.3982/1.3962/1.3888
Published on
Mon, Jun 29 2009, 07:42 GMT
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