INTRA-DAY EUR/USD OUTLOOK

Current rebound suggests the pullback fm y'day's
NY high of 1.3764 has ended at 1.3694 n choppy con-
solidation abv y'day's 1.3609 low wud continue with
upside bias for a stronger retracement of the sell-
off fm 1.4248, abv 1.3764 brings gain to 1.3790/95.

Buy on dips for this move with stop as indicated,
break wud risk stronger pullback to 1.3670/80.

Range Forecast
1.3720 / 1.3764

Resistance/Support
R: 1.3764/1.3781/1.3813
S: 1.3694/1.3637/1.3608

Rate
1.3740

Last Update At
02 Nov 2011 06:15 GMT