INTRA-DAY EUR/USD OUTLOOK
Euro's breach of Mon's 1.3265 high to 1.3273 sug
gests recent upmove fm last week's low of 1.3005 to
retrace decline fm Feb's high of 1.3486 has once
again resumed n may extend to 1.3275/80 but loss of
upward momentum shud cap price at 1.3291 res.
Buy on dips with stop as indicated n only below
1.3215 wud signal temp. top made n risk 1.3201.
Range Forecast
1.3240 / 1.3273
Resistance/Support
R: 1.3291/1.3302/1.3322
S: 1.3215/1.3201/1.3172
Rate
1.3265
Strategy/Entry Level
Buy at 1.3240
Objective
1.3275
Stop-Loss
1.3220
Last Update At
21 Mar 2012 02:20 GMT