🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

Intra-Day EUR/USD Outlook: March 21, 2012

Published 03/21/2012, 05:14 AM
Updated 01/01/2017, 02:20 AM
EUR/USD
-
MAR
-

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

Latest comments

Loading next article…
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.