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  DAILY INTRA-DAY EUR/USD OUTLOOK: +1.1726+ BY ACETRADER

*Last Updated December 7, 2005, 7:42 pm
Daily report by Acetrader

Website: http://www.acetrader.com
Email: query@acetrader.com


 INTRA-DAY EUR/USD OUTLOOK: +1.1726+


Update Time: 08 Dec 2005 00:06 GMT Y'day's selloff to 1.1704 indicates downside bias remains for nr term decline fm 1.1820 to ex- tend weakness to 1.1690/95, however, broad outlook is consolidative n 1.1660 shud hold in Asia due to loss of momentum n bring subsequent rebound. Sell recovery with stop abv 1.1755 (prev. sup) , break wud risk retracement twd 1.1770/75 b4 down. Range Forecast +1.1710 / 1.1735+ Resistance/Support R: 1.1755/1.1780/1.1807 S: 1.1704/1.1689/1.1660 SIGN UP for 1-week TRIAL



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