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Update Time:     13 May 2009 17:31GMT
DAILY AUD/USD OUTLOOK - +0.7525+

Despite aussie's brief rise to 0.7705, subse-
quent retreat after faltering below 0.7714 suggests
choppy trading wud be seen with downside bias n
below 0.7561 sup wud bring stronger retracement of
recent upmove twd 0.7507.

Sell on recovery with stop as indicated, break
wud prolong consolidation n bring gain to 0.7714..

   Rate:          +0.7525+  
   Strategy:    +Target met+
   Position:     +Short at 0.7605+
   Objective:    0.7525
   Stop-Loss:     
   Resistance:     0.7665/0.7714/0.7800
   Support:         0.7507/0.7460/0.7391


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Update Time:     13 May 2009 17:07GMT
INTRA-DAY USD/CHF OUTLOOK - 1.1078

Despite dlr's anticipated rebound, a breach of
1.1090 is needed to confirm temp. low has been made
at 1.0977 n yield correction of recent decline to
1.1107 n then 1.1125/35, otherwise, choppy trading
is in store n another pullback cannot be ruled out.

Wud be prudent to exit long n stand aside. Only
below 1.1028 indicates recovery is over, 1.0977...

   Rate:          1.1078   Strategy:    Exit long
   Position:     Long at 1.1040
   Objective:    
   Stop-Loss:     
   Resistance:     1.1107/1.1158/1.1187
   Support:         1.1028/1.0977/1.0941
**************************************************
Update Time:     13 May 2009 17:09GMT
INTRA-DAY GBP/USD OUTLOOK - +1.5140+

Despite cable's rebound fm 1.5086 to 1.5212, the
subsequent retreat has retained our bearishness n
downside bias is seen for another fall to 1.5130/40
but below is needed to signal recovery has ended n
bring re-test of said sup later.

Trade fm short side with stop as indicated, abv
wud defer n may risk gain twd 1.5230/35...

   Rate:          +1.5140+
   Strategy:    +Target met+
   Position:     +Short at 1.1590+
   Objective:    1.5140
   Stop-Loss:     
   Resistance:     1.5212/1.5242/1.5354
   Support:         1.5086/1.5069/1.5000
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Update Time:     13 May 2009 15:40GMT
DAILY USD/CAD OUTLOOK - +1.1690+

Present anticipated rebound fm 1.1554 suggests
pullback fm 1.1699 has ended there n rise fm 1.1476
shud resume for re-test of said res n then 1.1765.

Hold long with stop now as indicated n only
below 1.1554 wud prolong choppy trading, 1.1500...

   Rate:          +1.1690+
   Strategy:    +Target met+
   Position:     +Long at 1.1590+
   Objective:    1.1690
   Stop-Loss:     
   Resistance:     1.1699/1.1765/1.1826
   Support:         1.1554/1.1500/1.1476

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Update Time:     13 May 2009 12:39GMT
INTRA-DAY EUR/USD OUTLOOK - +1.3575+

Euro's selloff after the release of much
weaker-than-expected U.S. retail sales data signals
fall fm 1.3722 to retrace recent rise has resumed n
further weakness to 1.3588 n then towards sup at
1.3557 wud be seen.

Sell at market with stop as indicated, break
wud risk gain to 1.3665/71...

   Rate:          +1.3575+
   Strategy:    +Target met+
   Position:     +Short at 1.3610+
   Objective:    1.3575
   Stop-Loss:     
   Resistance:     1.3671/1.3722/1.3739
   Support:         1.3557/1.3517/1.3471


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Update Time:     13 May 2009 09:55GMT
DAILY EUR/GBP OUTLOOK - +0.9010+

Euro's rebound after y'day's brief drop to
0.8915 suggests correction fm 0.9038 has possibly
ended there n consolidation with upside bias wud be
seen for gain to 0.9017 but break needed to confirm
recent upmove has resumed for re-test of said res.

Buy on dips with stop as indicated, below wud
risk stronger retrace. to 0.8869...

   Rate:          +0.9010+
   Strategy:    +Target met+
   Position:     +Long at 0.8935+
   Objective:    +0.9010+
   Stop-Loss:     
   Resistance:     0.9017/0.9038/0.9082
   Support:        0.8915/0.8895/0.8869
**************************************************
Update Time:     13 May 2009 09:50GMT
INTRA-DAY EUR/GBP OUTLOOK - 0.9000

Present rally after the release of U.K. inflation
report suggests correction fm 0.9038 has possibly
ended earlier at 0.8915 n consolidation with upside
bias wud be seen for gain to 0.9000 n then twd 0.90
17 but break needed for re-test of said res.

Buy at market with stop as indicated, breach wud
prolong choppy trading n risk 0.8932...

   Rate:          +0.9000+
   Strategy:    +Target met+
   Position:     +Long at 0.8976+
   Objective:     0.9000
   Stop-Loss:     
   Resistance:     0.9017/0.9038/0.9082
   Support:        0.8932/0.8915/0.8895

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