acetraderfx
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INTRA-DAY EUR/USD OUTLOOK
Last Update At 01 Sep 2010 06:22 GMT
Rate : 1.2720
Euro's rebound fm 1.2661 (NY) to 1.2716 suggests
further choppy sideways trading wud be seen but as
long as y'day's high of 1.2744 holds, consolidation
with downside bias remains for another drop but be-
low said sup needed for re-test of 1.2625 sup.
Sell on marginal rise n exit on decline as below
1.2661 needed to extend weakness to 1.2640/45.
Range Forecast
1.2690 / 1.2720
Resistance/Support
R: 1.2720/1.2744/1.2780
S: 1.2661/1.2625/1.2608
Last Update At 01 Sep 2010 06:22 GMT
Rate : 1.2720
Euro's rebound fm 1.2661 (NY) to 1.2716 suggests
further choppy sideways trading wud be seen but as
long as y'day's high of 1.2744 holds, consolidation
with downside bias remains for another drop but be-
low said sup needed for re-test of 1.2625 sup.
Sell on marginal rise n exit on decline as below
1.2661 needed to extend weakness to 1.2640/45.
Range Forecast
1.2690 / 1.2720
Resistance/Support
R: 1.2720/1.2744/1.2780
S: 1.2661/1.2625/1.2608