INTRA-DAY EUR/USD OUTLOOK
Last Update At 18 Apr 2011 23:19 GMT
Rate : 1.4233
Despite y'day's resumption of decline fm last
week's 1.4521 top to 1.4156 (NY), subsequent strg
rebound to 1.4248 suggests a temp. low has been for
med there n choppy sideways trading is seen in Asia
with mild upside bias but 1.4300 wud hold fm here.
For st trade, buy on dips for 1.4250 or sell if
euro rises to 1.4280 1st for 1.4230.
Range Forecast
1.4220 / 1.4250
Resistance/Support
R: 1.4262/1.4299/1.4350
S: 1.4207/1.4156/1.4103
Last Update At 18 Apr 2011 23:19 GMT
Rate : 1.4233
Despite y'day's resumption of decline fm last
week's 1.4521 top to 1.4156 (NY), subsequent strg
rebound to 1.4248 suggests a temp. low has been for
med there n choppy sideways trading is seen in Asia
with mild upside bias but 1.4300 wud hold fm here.
For st trade, buy on dips for 1.4250 or sell if
euro rises to 1.4280 1st for 1.4230.
Range Forecast
1.4220 / 1.4250
Resistance/Support
R: 1.4262/1.4299/1.4350
S: 1.4207/1.4156/1.4103
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