INTRA-DAY EUR/USD OUTLOOK

As euro has remained under pressure after early
breach of Asian low at 1.3815 (now res), suggesting
an intra-day top has been formed there n consolida-
tion has been made there, a firm break of 1.3766
wud extend subsequent weakness twd 1.3725.
Turn short on recovery for 1.3765 1st n only abv
1.3815 'prolongs' choppy trading, risks 1.3830/40.

Range Forecast
1.3766 / 1.3800

Resistance/Support
R: 1.3815/1.3859/1.3870
S: 1.3766/1.3725/1.3682

Rate
+1.3800+

Last Update At
09 Nov 2011 08:44 GMT

Position
+Short at 1.3800+