INTRA-DAY EUR/USD OUTLOOK
Although euro's weakness after early breach of
1.3097 signals fall fm Feb's 1.3486 high to retrace
rise fm Jan's 1.2624 low remains in force n margi-
nal weakness fm here can't be ruled out, o/s condi-
tion shud limit downside to 1.3055 n yield rebound.
Wud not chase current decline n look to sell euro
on recovery for day trade as recommended.
Range Forecast
1.3075 / 1.3100
Resistance/Support
R: 1.3143/1.3164/1.3213
S: 1.3055/1.3035/1.2975
Rate
1.3080
Strategy/Entry Level
Stand aside
Last Update At
12 Mar 2012 05:51 GMT