AUDJPY bulls still stays above resistance level at 81.90, possible upside movement

Mon, Nov 23 2009, 14:52 GMT
by Tomas Cedavicius


  • EURUSD This pair has reached resistance level, however – possible rebound back to support level is still valid.
  • GBPUSD Above resistance level this pair can make a major trend reversal. For now waiting is better option.
  • NZDUSD Waiting action still remain for this pair, trend reversal can occur.
  • USDCHF This pair is in consolidation near support level, possible rebound back to resistance is valid.
  • USDCAD Continuation of bears movement is extended – however bulls are still not giving up. Waiting action remains.
  • USDJPY Consolidation by support level is formed, if support line can be broken – strong movement downside is expected.