The euro's early brief breach of yesterday's 1.3346 high confirming the correction from Tuesday's 1.3385 top ended yesterday at 1.3252 (NY) and the price is likely to retest said resistance level later today after choppy consolidation. Reckon 1.3307/10 would hold for this move.
Raise long entry for this move only below 1.3300 would abort intra-day bullishness on euro.
Range Forecast
+1.3340 / 1.3370+
Resistance/Support
Resistance: 1.3361/1.3374/1.3385
Support: 1.3321/1.3307/1.3286
Last Update At
30 Mar 2012 01:42 GMT
Rate
+1.3355+
Strategy/Entry Level
Buy at +1.3340+
Objective
+1.3370+
Stop-Loss
+1.3325+