NZDUSD bounced by support level

Tue, Mar 9 2010, 08:50 GMT
by Tomas Cedavicius


AUDUSD - Bulls are struggling to break resistance level, however according to recent movement, a breakout is still expected.

EURUSD - Look for selling possibilities below support level, but for now waiting action remains while breakout is not confirmed.

EURGBP - Despite the boring situation and low movements, bulls are looking forward to test resistance barrier once again.

NZDUSD - Above support level bulls side is safe. Even though candles remain above support barrier, in order to extend current trend, bulls need to climb above resistance.