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Short Term Analysis
GBPUSD is testing 1.9814 support
Fri, Jul 25 2008, 01:24 GMT
by Franco Shao
GBPUSD is testing 1.9814 support. A break below this level will indicate that the up trend from 1.9408 (June 13 low) has completed and long term down trend has resumed. Key resistance is now located at 2.0076, a break of this level will signal further rise towards 2.0391 (Mar 14 high).
Published on Fri, Jul 25 2008, 01:27 GMT
Archive
- USDJPY breaks below 107.62 previous low support
Published On Fri, Sep 5 2008, 01:19 GMT - USDJPY stays in down trend
Published On Thu, Sep 4 2008, 00:45 GMT - USDCAD breaks above 1.0727
Published On Wed, Sep 3 2008, 02:08 GMT - USDCHF is forming a sideways consolidation
Published On Tue, Sep 2 2008, 01:06 GMT - AUDUSD is forming a sideways consolidation
Published On Mon, Sep 1 2008, 00:51 GMT
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