INTRA-DAY EUR/USD OUTLOOK
As intra-day cross-selling in eur/yen has causedeuro to retreat fm 1.3939 (Aust.), suggesting thecorrective rise fm 1.3852 has made a top there nconsolidation with downside bias remains for weak-ness to 1.3875 but 1.3852 shud hold fm here.
Turn short on recovery for this move with stopinitially abv said intra-day high.
Range Forecast
1.3880 / 1.3915
Resistance/Support
R: 1.3939/1.3978/1.3988
S: 1.3876/1.3852/1.3811
http://www.acetraderfx.com
As intra-day cross-selling in eur/yen has causedeuro to retreat fm 1.3939 (Aust.), suggesting thecorrective rise fm 1.3852 has made a top there nconsolidation with downside bias remains for weak-ness to 1.3875 but 1.3852 shud hold fm here.
Turn short on recovery for this move with stopinitially abv said intra-day high.
Range Forecast
1.3880 / 1.3915
Resistance/Support
R: 1.3939/1.3978/1.3988
S: 1.3876/1.3852/1.3811
http://www.acetraderfx.com