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Intraday EUR/USD Outlook

Published 03/05/2012, 02:11 AM
Updated 01/01/2017, 02:20 AM
EUR/USD
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MAR
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INTRA-DAY EUR/USD OUTLOOK

    Current price action suggests nr term choppy
sideways trading abv intra-day low of 1.3182 (NZ)
wud continue n abv 1.3213/14 wud bring a minor re-
trace. of last week's selloff to 1.3227 but renewed
selling shud emerge at 1.3240 n yield another fall.
    Sell on recovery with stop as indicated, break
wud risk stronger gain to 1.3260 b4 down.

Range Forecast
1.3182 / 1.3227

Resistance/Support
R: 1.3227/1.3240/1.3282
S: 1.3182/1.3171/1.3157

Rate     
1.3205     

Strategy/Entry Level
Sell at 1.3225

Objective     
1.3190     

Stop-Loss
1.3
    
Last Update At
05 Mar 2012 06:48 GMT

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