EUR/USD OUTLOOK

    Euro's retreat after y'day's cross-inspired
rally to 1.3038 (o/n NY high) suggests further
consolidation below there is seen in Asia, however,
reckon 1.2958/68 wud limit downside n yield a
rebound later.
    Buy on dips n only abv 1.3038 extends rise fm
1.2885 low to 1.3060/70. Below 1.2940 risks 1.2921.

Range Forecast 1.2975 / 1.3010

 Resistance/Support R: 1.3038/1.3090/1.3126    S: 1.2968/1.2921/1.2885