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Update Time:     07 Jan 2009 14:06GMT
WEEKLY OUTLOOK ON NZD/USD - +0.6020+

Last wk's rise suggests retreat fm 0.6084 has
ended at 0.5660 n abv said res wud extend correct-
ive upmove fm 0.5190 low to 0.6130 n 0.6200/10.

Buy on pullback with stop as indicated n only
below 0.5660 wud confirm top is in place, 0.5580/90

   Rate:     +0.6020+
   Strategy:     +Target met+
   Position:     +Long at 0.5820+
   Objective:     0.6020
   Stop-Loss:     
   Resistance:     0.6084/0.6130/0.6350
   Support:     0.5738/0.5660/0.5418
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Update Time:     07 Jan 2009 20:19GMT
DAILY OUTLOOK ON NZD/USD - +0.5905+

Kiwi's fall fm 0.6035 suggests upmove fm 0.5660
has possibly made a top there n retrace. to 0.5900
/05 is likely, below wud extend twds 0.5850.

Trade fm short side with stop as indicated, abv
wud bring re-test of 0.6035...

   Rate:     +0.5905+
   Strategy:     +Target met+
   Position:     Short at 0.5994
   Objective:     0.5905
   Stop-Loss:     
   Resistance:     0.6035/0.6084/0.6130
   Support:     0.5890/0.5808/0.5753
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Update Time:     07 Jan 2009 13:28GMT
INTRA-DAY EUR/USD OUTLOOK - +1.3660+

Although euro has retreated after intra-day
rise to 1.3651, current price action suggests as
long as 1.3585 holds, bullishness remains for near
term erratic upmove fm 1.3312 (y'day's low) to re-
sume to 1.3660 but reckon 1.3690 wud cap upside.

Buy with stop as indicated, break wud signal a
top has possibly been formed, 1.3545/50...

   Rate:     +1.3660+
   Strategy:     +Target met+
   Position:     +Long at 1.3610+
   Objective:     1.3660
   Stop-Loss:     
   Resistance:     1.3660/1.3730/1.3770
   Support:     1.3543/1.3463/1.3430

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