EURGBP low trading range continues

Mon, Mar 8 2010, 14:52 GMT
by Tomas Cedavicius


AUDUSD - Bulls have continued moving towards new highs, however resistance level holds bulls side from further climbing.

EURUSD - Bulls have strong potential to breach out by resistance barrier and reach new highs.

EURGBP - Waiting action remains, very boring situation...

NZDUSD - Low trading range is formed between support and resistance levels. According to current trend, bulls have enough strength to break resistance barrier. Waiting action holds for now.

USDCAD - Low movement is extended by support level. Waiting action with selling possibilities below support is possible.