International Trading

EUR/USD Daily Outlook

Tuesday, September 28, 2010 , Posted by Usman Ali Minhas at 12:26 AM

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NTRA-DAY EUR/USD OUTLOOK
Last Update At 28 Sep 2010 06:23 GMT
Rate : 1.3469
Despite euro's brief but strg rebound to 1.3473
in Asia, subsequent retreat suggests recovery fm 
1.3427 has possibly ended there n choppy trading 
below y'day's high of 1.3507 wud be seen n a breach
of 1.3425/27 wud bring minor retrace. to 1.3400.
Hold short for weakness to 1.3410, stop as indi
cated, break wud signal pullback is over, 1.3507/11

Range Forecast
1.3425 / 1.3455
Resistance/Support
R: 1.3507/1.3511/1.3546
S: 1.3425/1.3400/1.3334

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