Eur/Usd: 07Dec03 1952EST 1.2159-64
Eur/Usd: 07Dec03 1952EST 1.2159-64
Weekly - Last week we suggested upmove to be sustainable towards 1.23. We maintain the same view this week
Daily - For the 1.23 target to be realized, this objective should be reached by later part of this week or early next week so that the Daily indicators do not turn downwards, thereby weakening the current up-trend
Strategy:
Buy at 1.2150 with a stop below 1.2060 for up-move towards 1.2300
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