Forex Signal, 10 Sept 07




EUR-USD
1.3768. Uptrend is still intact in a triangle configuration. It should continue to rally to 1.3826 or 1.3878 if support around 1.3743 hold. After which a pullback to 1.3743 - 1.3716 zone is possible.
USD-CHF
1.1886. Market should not go lower than 1.1814. After this move down it should go up to 1.1874 - 1.1925 area.
USD-JPY
113.41. Overall structure is bearish. Decelerating momentum could attract it towards supports at 112.81 or 112.48. Major support is clustered around 111.46 limit.
GBP-USD
2.0285. A corrective/consolidation activity between 2.0189 and 2.0369 is likely for a while.
EUR-CHF
1.6365. It should see a sell off to below 1.6318 while 1.6385 area curtails its upside. A break beyond 1.6432 will abort the downside.
EUR-JPY
156.15. Market should meet resistance at 156.71. We expect then an extended move down to 155.85 -154.46 area.
EUR-GBP
0.6787. A correction down to 0.6766 folowed buy a mouve up to 0.6793 or 0.6803. A break above 0.6819 would accelerate this bullish move.
AUD-USD
0.8268. While above 0.8249 - 0.8228 zone a corrective upmove could test 0.8289 or 0.8308. After which it should resume its downtrend.
USD-CAD
1.0544. It should be subject to more sell off towards 1.049 or 1.0436. Corrective upward swings should face resistance around 1.0577 area. A break of 1.06085 is bullish.

From : Realtimeforex.com

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