Posted by millionaire | Sunday, April 10, 2011 | | 0 comments »


eur/usd:

The single currency spike up at the late friday us session indicate the bull remains strong.next resistance located around 1.4580(13jan 2010 high).Sustain trading above that level should focus the peak channel around 200%=1.4830 or maybe higher toward psych level 1.50.Only establish trading below 1.4230 may invite for the bear.



gbp/usd:

Likely continue upside with the confirmation establish price above previous high around 1.6425,focus toward 1.6550---1.6680 zone,only a closing price on daily basis below 1.6170 may sign the delay of the bull.

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