USDCAD low movements continues

Wed, Mar 10 2010, 08:50 GMT
by Tomas Cedavicius


AUDUSD - Resistance level holds bulls movement from reaching new highs. At the moment waiting action remains.

EURUSD - Look for selling opportunities below support barrier, strong bearish movement can be initiated.

EURGBP - Bulls are looking forward to extend their prior movement towards new highs. In order to continue climbing, resistance level needs to be broken.

NZDUSD - Despite the recent bearish fall back to resistance, bulls are controlling the situation. Look for buying options.

USDCAD - Low movement is continued further, while support and resistance levels hold – further bouncing is expected between these barriers.