Intra-day Eur/usd Outlook By Acetrader - Forex Forum

 
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> Intra-day Eur/usd Outlook By Acetrader
AcetraderFX
post Jul 21 2008, 7:39
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Updating time : 21 Jul 2008 05:52 GMT

Despite intra-day rebound to 1.5874, current re
treat suggests further consolidation below 1.5888
res wud be seen n weakness to 1.5835/40 cannot be
ruled out, however, reckon sup at 1.5807 (Friday's
low) wud hold.

Abv 1.5874 wud extend erratic rise fm 1.5782
low twds 1.5894. Stand aside in the meantime...

Range Forecast
1.5850 / 1.5875

Resistance/Support
R: 1.5894/1.5911/1.5949
S: 1.5828/1.5807/1.5782

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