INTRA-DAY EUR/USD OUTLOOK
Euro's stronger-than-expected retreat after yes-
terday's strg rebound fm a one-month low of 1.3005
to 1.3120 suggests choppy consolidation wud be seen
with mild downside bias n weakness to 1.3062 n then
1.3050 cannot be ruled out but 1.3031 shud hold.
Abv 1.3098/00 wud signal pullback is over n
yield re-test of said res. Stand aside for now.
Range Forecast
1.3068 / 1.3100
Resistance/Support
R: 1.3120/1.3152/1.3192
S: 1.3062/1.3031/1.3015
Rate
1.3073
Strategy/Entry Level
Stand aside
Last Update At
16 Mar 2012 02:02 GMT