USDJPY has reached support level at 88.81, possible breakout remains
Thu, Nov 19 2009, 08:17 GMT
by Tomas Cedavicius
- EURUSD Looks like, bears once again are looking forward for support level. Waiting actions are better now with selling opportunities.
- GBPUSD After breaking the support level, bears overcome bulls for now. However positive trend still remains.
- NZDUSD Price level at 0.7312 is significant barrier for bears and bulls. A major trend reversal can occur at this point.
- USDCHF Neutral position still stays for this pair, candles remain between support and resistance where more jumping up and down is possible.
- USDCAD Above resistance, situation can be changed, selling actions are better to stay away. Waiting action remains.
- USDJPY Selling action remains, need to be careful with support level which can form a rebound action back to resistance.
