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INTRA-DAY EUR/USD OUTLOOK: 1.2595
Updating time : 17 Feb 2009 18:45 GMT
Despite euro's marginal weakness to 1.2563,
subsequent rebound suggests an intra-day low has
possibly been made n consolidation with upside bias
is seen for a minor retrace. of recent decline to
1.2630/40, however, 1.2673 res wud remain intact.
Buy on dips for st trade, stop as below said
sup, break wud extend twds 1.2549...
Range Forecast
1.2580 / 1.2630
Resistance/Support
R: 1.2640/1.2673/1.2706
S: 1.2549/1.2500/1.2436
Updating time : 17 Feb 2009 18:45 GMT
Despite euro's marginal weakness to 1.2563,
subsequent rebound suggests an intra-day low has
possibly been made n consolidation with upside bias
is seen for a minor retrace. of recent decline to
1.2630/40, however, 1.2673 res wud remain intact.
Buy on dips for st trade, stop as below said
sup, break wud extend twds 1.2549...
Range Forecast
1.2580 / 1.2630
Resistance/Support
R: 1.2640/1.2673/1.2706
S: 1.2549/1.2500/1.2436
