Updating time : 03 Nov 2008 04:21 GMT

Dlr's retreat after cross-inspired rise to 99.50
suggests an intra-day top has possibly been formed
n further consolidation below there is likely ahead
of European morning but reckon 98.80/85 wud limit
downside n yield another upmove, abv 99.50, 99.79.

Stand aside n look to buy on dips as only below
98.80/85 wud risk stronger pullback to 98.40/50...

Range Forecast
99.00 / 99.40

Resistance/Support
R: 99.50/ 99.79/100.45
S: 98.82/ 98.20/ 97.86

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