EURGBP bears testing support barrier

Fri, Dec 10 2010, 11:18 GMT
by Tomas Cedavicius


AUDUSD - Look for more upswings above resistance, while resistance level is active, bullish movement is limited.

EURUSD - Wide trading range is still established. Look for extension of narrow trading range for now.

EURGBP - Bears are testing support barrier once again, look for selling options below support barrier.

NZDUSD - Positive channel is formed, look for buying opportunities once the breakout at resistance is confirmed.

USDCAD - Boring situation, even though bearish situation is valid, waiting action holds.