INTRA-DAY EUR/USD OUTLOOK

Although euro's breach of 1.3433 after meeting
renewed selling at 1.3458 signals recent decline
has once again resumed n marginal weakness fm here
can't be ruled out, 'loss of momentum' shud prevent
steep fall n reckon 1.3400/05 wud hold initially.
Turn cautious buyer, stop as indicated, below
wud risk extend decline to 1.3360 b4 correction.

Range Forecast
1.3420 / 1.3455

Resistance/Support
R: 1.3465/1.3496/1.3519
S: 1.3400/1.3360/1.3346

Rate
1.3445

Last Update At
16 Nov 2011 07:27 GMT