AUDUSD wide trading range continues

Mon, Feb 8 2010, 09:01 GMT
by Tomas Cedavicius


AUDUSD - Wide trading range continues between support and resistance levels. Negative trend stays active while candles remain below resistance barrier.

EURUSD - Despite the recent jump towards resistance, bears are controlling the situation. For now look for selling options.

EURGBP - Bears did manage to break resistance barrier, however buying options should be done with a care.

NZDUSD - Boring situation is extended, erratic jumps up and down. Waiting action is better option for now.