INTRA-DAY EUR/USD OUTLOOK
Although euro has retreated after Greece said
85.8% of bondholders have accepted bond swap offer
n consolidation wud be seen, as long as 1.3225 sup
holds, consolidation with upside bias remains but
abv 1.3278 needed for re-test of y'day's 1.3291 top
Buy on dips with stop as indicated, break wud
risk stronger pullback to 1.3183/85.
Range Forecast
1.3235 / 1.3265
Resistance/Support
R: 1.3291/1.3337/1.3366
S: 1.3225/1.3209/1.3164
Rate
1.3246
Strategy/Entry Level
Buy at 1.3235
Objective
1.3275
Stop-Loss
1.3215
Last Update At
09 Mar 2012 06:04 GMT