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Intra-Day EUR/USD Outlook: March 22, 2102

Published 03/21/2012, 11:20 PM
Updated 01/01/2017, 02:20 AM
EUR/USD
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MAR
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INTRA-DAY EUR/USD OUTLOOK

    Current aussie-led retreat after the release of
weak China PMI data signals recovery fm y'day's low
of 1.3178 has possibly ended at 1.3245/46 n consoli
dation with downside bias wud be seen for weakness
to 1.3199/00, break wud bring re-test of said sup.
   Sell on minor pullback with stop as indicated n
only abv 1.3257 wud abort n risk gain to 1.3265/70.

Range Forecast
1.3205 / 1.3235

Resistance/Support
R: 1.3257/1.3286/1.3291
S: 1.3210/1.3178/1.3142

Rate     
1.3223     

Strategy/Entry Level
Sell at 1.3235

Objective     
1.3200     

Stop-Loss
1.3250
    
Last Update At
22 Mar 2012 02:37 GMT

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