acetraderfx
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INTRA-DAY EUR/USD OUTLOOK
Last Update At 21 Dec 2010 04:24 GMT
Rate : 1.3173
Although euro's intra-day brief rally abv yester
day's high at 1.3186 (NZ) to 1.3194 signals recent
decline has made a temp. low, subsequent retreat
suggests sideways trading is likely until European
opening n pullback to 1.3140/45 can't be ruled out.
Exit long n buy again on such decline as 1.3113
(AUS) shud hold. Abv 1.3194 extends to 1.3225/10.
Range Forecast
1.3160 / 1.3190
Resistance/Support
R: 1.3194/1.3207/1.3243
S: 1.3131/1.3113/1.3094
Last Update At 21 Dec 2010 04:24 GMT
Rate : 1.3173
Although euro's intra-day brief rally abv yester
day's high at 1.3186 (NZ) to 1.3194 signals recent
decline has made a temp. low, subsequent retreat
suggests sideways trading is likely until European
opening n pullback to 1.3140/45 can't be ruled out.
Exit long n buy again on such decline as 1.3113
(AUS) shud hold. Abv 1.3194 extends to 1.3225/10.
Range Forecast
1.3160 / 1.3190
Resistance/Support
R: 1.3194/1.3207/1.3243
S: 1.3131/1.3113/1.3094