INTRA-DAY EUR/USD OUTLOOK
Despite euro's brief breach of y'day's 1.3011 low
to 1.3005 in Asian morning, subsequent rebound sug-
gests consolidation with mild upside bias wud be
seen for gain to 1.3046 res but break is needed to
confirm temp. low made n yield retrace. to 1.3068.
Turn cautious buyer on dips, stop below 1.3005
sup, break extends marginally but 1.2975 wud hold.
Range Forecast
1.3010 / 1.3046
Resistance/Support
R: 1.3046/1.3068/1.3090
S: 1.3005/1.2975/1.2953
Rate
1.3030
Strategy/Entry Level
Buy at 1.3020
Objective
1.3050
Stop-Loss
1.3004
Last Update At
15 Mar 2012 04:08 GMT