AUDUSD bears have made a break by support level at 0.9222, downtrend movement is extended
Thu, Nov 19 2009, 14:34 GMT
by Tomas Cedavicius
- EURUSD Prices stay between support and resistance levels, further jumping is possible. Sell by resistance, buy near support.
- GBPUSD Consolidation is formed in low range, if a breakout is going to occur by lower boundary – major trend reversal can be created.
- NZDUSD After sharp movements downside, bulls are recovering after loosing their position. Above 0.7312 price level, bulls are safe.
- USDCHF Candles are locked and trapped between support and resistance. Neutral zone is still valid.
- USDCAD Bulls are still not confident enough to extend their started movement. Waiting is better option.
- USDJPY Selling options are still valid for this pair.
