INTRA-DAY EUR/USD OUTLOOK
As euro has ratcheted higher fm y'day's 3-1/2
week low of 1.3079, suggesting a retrace. of fall
fm Feb's 1.3486 high remains in progress n marginal
gain fm here cannot be ruled out, however, 1.3213
(prev. sup) shud cap upside n yield retreat later.
Below 1.3151 wud indicate an intra-day top has
possibly been made n bring fall to 1.3135 1st.
Range Forecast
1.3155 / 1.3192
Resistance/Support
R: 1.3192/1.3213/1.3244
S: 1.3135/1.3090/1.3079
Rate
1.3183
Strategy/Entry Level
Stand aside
Last Update At
13 Mar 2012 04:04 GMT