INTRA-DAY EUR/USD OUTLOOK
Despite euro's brief retreat fm 1.3277 to 1.3249
shortly after European open, present rebound sug-
gests pullback fm Asian high at 1.3283 has possibly
ended n abv 1.3283 wud extend upmove fm last week's
low at 1.3005 to 1.3295/00 but 1.3322 shud hold.
Reinstate long on dips for this move n only
below 1.3249 may risk stronger retrace. to 1.3220.
Range Forecast
+1.3275 / 1.3300+
Resistance/Support
R: 1.3283/1.3302/1.3322
S: 1.3249/1.3215/1.3201
Rate
+1.3275+
Position
+Long at 1.3275+
Strategy/Entry Level
+Hold long+
Objective
+1.3305+
Stop-Loss
+1.3260+
Last Update At
21 Mar 2012 08:43 GMT