Wed, Jul 11 2012, 00:19 GMT
by
Ava FX Analysis Team
|
Ava FX
The Euro has retreated from yesterday's high of 1.2325. We see resistance at 1.2400 and 1.2430 and support at 1.2130 and 1.2050. USDJPY is trading quietly at 79.00 to 80.10 and might test 79.10 and 79.00.
USDCHF is recovering from the low of 0.9744 and has support at 0.9950. The Cable has support near 1.5450 and if broken can test 1.5400 and 1.5380. Aussie has fallen from1.0213 after China's imports grew at 6.3% way below the expected 12.7%. Support is at 1.0150 and 1.0140, then at 1.0100.
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