INTRA-DAY EUR/USD OUTLOOK
Although euro has eased after intra-day rebound
fm 1.3005 to 1.3038 in Asia n 'choppy' sideways tra
ding wud be seen ahead of European open, as long as
said sup holds, another corrective bounce to 1.3052
(prev. sup) is still envisaged b4 retreat.
Trade fm long side with stop below 1.3005 but
only below 1.3000 wud extend recent fall twd 1.2975
Range Forecast
1.3015 / 1.3040
Resistance/Support
R: 1.3052/1.3068/1.3090
S: 1.3005/1.2975/1.2953
Rate
1.3021
Position
Long at 1.3020
Strategy/Entry Level
Hold long
Objective
1.3050
Stop-Loss
1.3004
Last Update At
15 Mar 2012 05:35 GMT