AUDUSD bulls are looking for positive trend

Tue, Mar 2 2010, 14:41 GMT
by Tomas Cedavicius


AUDUSD - Neutral situation still remains, however positive trend can be initiated above 0.9063.

EURUSD - Despite the enormous spike downside, bulls did manage to recover and a break of resistance level can bring more strength to bulls side. Look for buying options above resistance

EURGBP - Low movements are extended, boring situation for now. Time to drink coffee.

NZDUSD - Support level holds bulls side in safer area, however in order to extend positive movement – bulls need to break resistance barrier.

USDCAD - Look for selling possibilities below support level at 1.0407. Strong negative trend remains active.