INTRA-DAY EUR/USD OUTLOOK

Euro's intra-day rebound to 1.3473 suggests the
pullback fm y'day's high of 1.3533 has 'possibly'
ended at 1.3421 (NY) n consolidation with upside
bias wud be seen for gain to 1.3473/77 but abv 1.35
00 needed to confirm upmove has resumed, 1.3533.
Buy on dips with stop as indicated, break wud
risk stronger pullback to 1.3399/00.

Range Forecast
1.3435 / 1.3465

Resistance/Support
R: 1.3477/1.3500/1.3533
S: 1.3421/1.3399/1.3373

Rate
1.3457

Strategy/Entry Level
Buy at 1.3430

Objective
1.3470

Stop-Loss
1.3

Last Update At
01 Dec 2011 06:21 GMT