AUDUSD bulls have shown their strength by climbing above resistance at 0.9204

Mon, Nov 23 2009, 08:27 GMT
by Tomas Cedavicius


  • EURUSD Resistance level still holds, possible test of this barrier is valid. Above this line, bulls are in safer area.
  • GBPUSD Negative trend remains for this pair, selling actions are better to take, but it should be done with a care.
  • NZDUSD Bulls have shown some positive moves, however short positions are better to look for while resistance line holds.
  • USDCHF Bears are looking forward for the support level, recently this pair has been jumping back and forwards between support and resistance.
  • USDCAD Bulls might loose their confidence below support level. Possible trend reversal under support.
  • USDJPY Concentration by support level, possible another breakout which can lead bears to new price lows.