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INTRA-DAY EUR/USD OUTLOOK: 1.2600
Updating time : 18 Feb 2009 14:08 GMT
Although euro has rebounded on renewed cross-
buying n further consolidation abv intra-day sup at
1.2558 is in store, break of 1.2641 res is needed
to confirm temp. low has been made, bring retrace.
to 1.2670/74 later.
Below 1.2570/75 wud yield re-test of 1.2558,
then 1.2520/25. Stand aside in the meantime...
Range Forecast
1.2590 / 1.2630
Resistance/Support
R: 1.2641/1.2674/1.2706
S: 1.2558/1.2469/1.2400
Updating time : 18 Feb 2009 14:08 GMT
Although euro has rebounded on renewed cross-
buying n further consolidation abv intra-day sup at
1.2558 is in store, break of 1.2641 res is needed
to confirm temp. low has been made, bring retrace.
to 1.2670/74 later.
Below 1.2570/75 wud yield re-test of 1.2558,
then 1.2520/25. Stand aside in the meantime...
Range Forecast
1.2590 / 1.2630
Resistance/Support
R: 1.2641/1.2674/1.2706
S: 1.2558/1.2469/1.2400
