INTRA-DAY EUR/USD:

Last Update At 09 Jun 2009 16:45 GMT

Rate :  1.4034

As euro has rebounded after trading abv sup at
1.3967 (prev. res), suggesting erratic rise fm 1.38
06 low to retrace recent decline wud extend gain to
1.4050/60, however, loss of near term momentum wud
cap price at 1.4090/95 n yield retreat.

Buy on dips with stop as indicated n only below
1.3967 wud risk weakness to 1.3910/20...

Range Forecast

1.4000 / 1.4044

Resistance/Support
R: 1.4044/1.4070/1.4092
S: 1.3967/1.3910/1.3895