EUR/USD Daily Outlook

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INTRA-DAY EUR/USD OUTLOOK

Last Update At 29 Jul 2011 07:35GMT

Rate : 1.4282

Current strg rebound after Greek FINMIN source said
China may be interested in helping fund Greek bond
buybacks suggests an intra-day low has possibly been
made at 1.4257 n consolidation with upside bias is seen
for a rebound to 1.4320 b4 retreat.���

Buy on dips for gain to 1.4320 n if euro rises� to 1.4320
1st, sell for weakness to 1.4280.

Range Forecast
1.4253 / 1.4285

Resistance/Support
R: 1.4304/1.4338/1.4364
S: 1.4253/1.4217/1.4188

Source: http://www.fxstreet.com/technical/forex-forecasts/eurusd-daily-outlook/2011-07-29.html

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