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Update Time:     06 Mar 2009 19:02GMT
DAILY EUR/CHF OUTLOOK - 1.4630

Euro's rebound after failing to penetrate sup
at 1.4577 suggests further consolidation abv there
is in store n risk seen for gain to 1.4696/01 but
break is needed to signal temp. low is made, bring
correction of recent decline to 1.4740/50.

Wud be prudent to exit short n stand aside as
only below said sup extends weakness to 1.4510/20..

   Rate:     1.4630
   Strategy:     Exit short
   Position:     Short at 1.4685
   Objective:     
   Stop-Loss:     
   Resistance:     1.4701/1.4746/1.4833
   Support:     1.4577/1.4543/1.4439
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Update Time:     06 Mar 2009 13:57GMT
INTRA-DAY EUR/CHF OUTLOOK - +1.4690+

Euro's firmness after the intra-day rebound fm
1.4577 suggests further consolidation abv there is
seen with upside bias for a correction of recent
decline to 1.4698, break there wud extend to 1.4720
/30 b4 prospect of a retreat.

Buy at market with stop as indicated, only firm
breach of 1.4629 risks possible re-test of 1.4577..

   Rate:     +1.4690+
   Strategy:     +Target met+
   Position:     +Long at 1.4660+
   Objective:     1.4690
   Stop-Loss:     
   Resistance:     1.4701/1.4725/1.4746
   Support:     1.4629/1.4577/1.4543
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Update Time:     06 Mar 2009 14:06GMT
DAILY EUR/USD OUTLOOK - 1.2730

Although euro's anticipated breach of 1.2727
signals erratic rise fm this wk's low at 1.2457 to
retrace recent decline has resumed, o/bot condition
shud limit upside fm here to 1.2780/90 n reckon
1.2811 wud hold, yield retreat later.

Wud prudent to take profit on prev. long n only
below 1.2642 indicates top is made instead, 1.2600.

   Rate:     1.2730
   Strategy:     Exit long
   Position:     Long at 1.2675
   Objective:     
   Stop-Loss:     
   Resistance:     1.2746/1.2811/1.2900
   Support:     1.2642/1.2584/1.2482

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