July 31, 2007
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******************************************* INTRA-DAY EUR/USD OUTLOOK : +1.3710+ Updating time : 31 Jul 2007 06:24 GMT Although euro’s retreat fm 1.3728 (Aust.) sug- gests a temp. top has been formed n consolidation below there wud be seen, reckon downside wud be ltd to 1.3660/65 n yield rebound but breach of said res needed to extend rise fm 1.3609 twd 1.3750. Buy on dips n exit on such move as 1.3772 res shud cap upside, stop as indicated, break, 1.3635..
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