INTRA-DAY EUR/USD OUTLOOK
Although euro's present anticipated rebound after
meeting renewed buying earlier at 1.3090 confirms
recent decline has formed a minor low at 1.3079 in
Asia n recovery to 1.3035 can not be ruled out, rec
kon 1.3160/64 wud hold n yield another retreat.
Sell on further rise n exit on decline. Only abv
1.3164 aborts bearishness, risks 1.3185 later.
Range Forecast
+1.3105 / 1.3140+
Resistance/Support
R: 1.3131/1.3164/1.3185
S: 1.3090/1.3079/1.3055
Rate
+1.3128+
Strategy/Entry Level
Sell at +1.3140+
Objective
+1.3105+
Stop-Loss
+1.3160+
Last Update At
12 Mar 2012 09:24 GMT