Posts by "acetraderfx"

INTRA-DAY EUR/USD OUTLOOK

Last Update At 18 Aug 2011 05:38 GMT

Rate : 1.4403

Although euro has rebounded due to cross buying
versus chf after early brief drop to 1.4384 n conso
lidation with mild upside bias wud be seen, breach
of 1.4440 needed to confirm an intra-day low has
been made n yield rebound to 1.4456.

Below 1.4384 wud extend decline fm y'day's high
of 1.4517 to 1.4354 b4 recovery. Stand aside.

Range Forecast
1.4390 / 1.4430

Resistance/Support
R: 1.4422/1.4456/1.4477
S: 1.4384/1.4354/1.4325