Posted by millionaire | Tuesday, November 09, 2010 | | 0 comments »




eur/usd:

Exit all buying position take 10% loses,below 1.3880 indicate more downside pressure for euro,a closing candle on daily basis lower than 1.3850 should expose euro toward 1.3730---1.3750 zone,need rebound above 1.3880---1.3900 zone to bring some positive recovery toward 1.3980.


gbp/usd update:

Exit all buying position take 5% loses,Still inside the channel,above 1.6165 should bring the cable to 1.6200 while below 1.6040 expose the risk to challenge 1.5980.

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