Updating time : 12 Aug 2008 01:17 GMT

Although cable has penetrated y'day's low at
1.9066 in line with intra-day selloff in euro n re-
cent decline may extend to 1.9040/45, loss of momen
tum shud keep price abv 1.9000 in Asia n yield a
minor correction later.

Stand aside n look to venture long on further
weakness. Abv 1.9120/25 signals low is made, 1.9150

Range Forecast
1.9050 / 1.9080

Resistance/Support
R: 1.9138/1.9175/1.9211
S: 1.9042/1.9000/1.8966

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