INTRA-DAY EUR/USD OUTLOOK
Despite euro's retreat fm y'day's high of 1.3265
to 1.3226, as renewed buying has lifted price, sug-
gesting consolidation with mild upside bias remains
but abv 1.3256/60 needed to signal upmove fm last
week's 1.3005 low has resumed n extend to 1.3270.
Hold long for this move n only below 1.3211 wud
signal temp. top made, 1.3187, break, 1.3160/70.
Range Forecast
1.3227 / 1.3260
Resistance/Support
R: 1.3265/1.3291/1.3302
S: 1.3211/1.3187/1.3171
Rate
1.3236
Position
Long at 1.3235
Strategy/Entry Level
Hold long
Objective
1.3270
Stop-Loss
1.3215
Last Update At
20 Mar 2012 04:05 GMT