USDJPY further low bouncing is expected
Wed, Mar 17 2010, 08:42 GMT
by Tomas Cedavicius
AUDUSD - Bulls remain strong enough to extend their current positive movement. Waiting action holds to confirm a possible breakout.
EURUSD - Despite the breakout at resistance barrier, bears have declined the price and slided back to 1.3779 price level. Waiting action stays.
EURGBP - Short term upswings are expected while candles remain above support level.
NZDUSD - Bulls strength showed first signs of possible breakout at resistance barrier. However, waiting action still remains to confirm a breakout.
USDCAD - Concentration near support is extended. Bears can extend their negative movement just after a breakout at support barrier 1.0130. Waiting action is better for now.
