Update Time: 24 Jun 2011 05:22GMT
INTRA-DAY EUR/USD OUTLOOK - +1.4270+
Despite euro's initial retreat fm 1.4279 (AUS),
as renewed buying earlier in Asian morning at 1.42
34 has lifted euro, retaining nr term bullish pros-
pect for y'day's rally fm 1.4126 to re-test 1.4279,
then 1.4286/90 later but 1.4310/14 wud cap upside.
Hold long with stop now as indicated n only
below 1.4234 risks pullback to 1.4210/20 b4 up.
Strategy: +Target met+
Position: Long at 1.4235
Update Time: 23 Jun 2011 13:53GMT
INTRA-DAY EUR/USD OUTLOOK - +1.4140+
Although euro has recovered after intra-day
selloff to 1.4153 n sideways trading wud be seen,
reckon upside wud be ltd n yield resumption of
decline fm y'day's 1.4442 high for further weakness
to 1.4140 n then twds 1.4100 later.
Trade fm short side with stop as indicated,
break wud risk stronger gain to 1.4212 b4 down.
Strategy: +Target met+
Position: Short at 1.4180
Update Time: 23 Jun 2011 12:46GMT
INTRA-DAY EUR/CHF OUTLOOK - +1.1910+
Euro's intra-day weakness signals correction fm
last wk's lifetime low at 1.1946 has indeed ended
earlier at 1.2150 (Tue) n downside bias is seen for
a re-test of said sup, break wud confirm LT decline
has resumed, 1.1900 later.
Sell at market with stop as indicated, abv wud
suggest an intra-day low is possibly made, 1.2026.
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