EUR/USD Daily Outlook

INTRA-DAY EUR/USD OUTLOOK: 1.4384

Updating time :24 Dec 2007 04:28 GMT

Although euro has moved higher fm 1.4368 (Aust.)
due to cross buying n consolidation with mild up-
side bias is seen, abv 1.4411 is needed to extend
the corrective rise fm last week's low at 1.4310
twds prev. res at 1.4436 later.

Buy on dips with stop below 1.4348 (Friday's NY
low), break risks 1.4325/30 but 1.4310 shud hold...

Range Forecast
1.4370 / 1.4395

Resistance/Support
R: 1.4411/1.4436/1.4482
S: 1.4368/1.4348/1.4310