AUDUSD did drop back near support level

Mon, Mar 15 2010, 15:00 GMT
by Tomas Cedavicius


AUDUSD - Bears have declined the price and rebounded back to support barrier. Below support level, bears are in danger. However, while support level holds bulls still can recover.

EURUSD - Look for selling options below support level. Bears are trying to overcome bulls side.

EURGBP - Even though bears dropped near support barrier, bulls are still controlling the situation. Short term downswings expected for now.

NZDUSD - Low movements extended between support and resistance levels. Look for buying options above resistance barrier