Updating time : 25 Apr 2008 02:49 GMT

Although euro has finally edged higher after
y'day's sharp selloff fm 1.5897 to 1.5638, reckon
renewed selling wud emerge near 1.5718 (prev. sup)
n yield retreat, however, aforesaid y'day's low is
expected to remain intact until European opening.

Sell euro on marginal rise with stop as indica-
ted, abv may risk stronger retrace. to 1.5750/55...

Range Forecast
1.5675 / 1.5700

Resistance/Support
R: 1.5718/1.5748/1.5773
S: 1.5638/1.5600/1.5510

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