By
AceTrader |
General Overview | Dec 10, 2008 12:00AM GMT |
INTRA-DAY EUR/USD OUTLOOK : 1.2933
Updating time : 10 Dec 2008 06:37 GMT
Although euro has retreated after intra-day re-
bound to 1.2960 n consolidation below there wud be
seen with mild downside bias, break of 1.2889 sup
is needed to signal top has been formed at 1.3002
y'day n bring weakness to 1.2840/50.
Abv 1.2960/68 wud yield re-test of 1.3002 but
reckon 1.3028/30 wud limit upside. Stand aside...
Range Forecast 1.2918 / 1.2955
Resistance/SupportR: 1.2968/1.3002/1.3028
S: 1.2889/1.2842/1.2798
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