INTRA-DAY EUR/USD OUTLOOK
Last Update At 27 Apr 2011 01:16 GMT
Rate : 1.4681
Euro has finally retreated after early rise to a
fresh 16-month peak of 1.4715 in Australia n minor
consolidation is now envisaged, as long as 1.4649
(Prev. top) holds, upsdie bias remains for re-test
of said res lvl, abv wud extend twd 1.4741 later.
Buy on dips with stop as indicated, below wud
risk stronger retracement but 1.4598 shud hold.
Range Forecast
1.4660 / 1.4795
Resistance/Support
R: 1.4715/1.4741/1.4778
S: 1.4658/1.4649/1.4598
Last Update At 27 Apr 2011 01:16 GMT
Rate : 1.4681
Euro has finally retreated after early rise to a
fresh 16-month peak of 1.4715 in Australia n minor
consolidation is now envisaged, as long as 1.4649
(Prev. top) holds, upsdie bias remains for re-test
of said res lvl, abv wud extend twd 1.4741 later.
Buy on dips with stop as indicated, below wud
risk stronger retracement but 1.4598 shud hold.
Range Forecast
1.4660 / 1.4795
Resistance/Support
R: 1.4715/1.4741/1.4778
S: 1.4658/1.4649/1.4598
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