USDCAD concentration near support is extended

Mon, Mar 15 2010, 08:48 GMT
by Tomas Cedavicius


AUDUSD - Resistance level still holds bulls movement, look for buying possibilities above support barrier.

EURUSD - Low trading range is extended, look for stronger activity after a breakout of resistance/support barriers.

EURGBP - Despite the recent bearish movement , bulls are controlling the situation. Buying options are on a table for now.

NZDUSD - Bulls have strong potential to breach out by resistance barrier. Waiting action remains in order to confirm a possible breakout.

USDCAD - Concentration is continued near support level. According to current negative trend, an extension to downside is expected.