R3: ?

R2: 1.5490/1.5500

R1: 1.5470/80

Current Price: 1.5466

S1: 1.5420/30

S2: 1.5400

S3: 1.5380

Rate technically still an inside range day, highs at 1.5479 drawing good selling and overhead resistance is getting thicker with the 1.5500 figure drawing a lot of protective option defense. In range stops to the upside seen as the main driver overnight suggesting lots of early sell interest. Stops under the market likely to be close in also due to late buyers or short-term buyers. Look for a sharp break on Fed-Speak from Bernanke this week or Trichet overseas; the market is looking for direction in my view.