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