INTRA-DAY EUR/USD OUTLOOK

Euro's stronger-than-expected retreat fm 1.3559
suggests the recovery fm Asian low of 1.3515 has
possibly ended there n decline fm 1.4248 may resume
n below said sup wud bring marginal weakness to 1.
3500 but loss of momentum wud limit fall to 1.3474.
Wud be prudent to exit short n stand aside for
now. Abv 1.3559 wud bring gain to 1.3600/08.

Range Forecast
1.3515 / 1.3545

Resistance/Support
R: 1.3559/1.3608/1.3637
S: 1.3515/1.3500/1.3474

Last Update At
10 Nov 2011 06:36 GMT

Rate
1.3526

Position
Long at 1.3535