NZDUSD testing resistance barrier strength

Thu, Sep 9 2010, 07:55 GMT
by Tomas Cedavicius


AUDUSD - It looks like bulls have strong opportunities to climb to higher ground and establish themselves above resistance.

EURUSD - Despite the rebound back to support level, bulls have more chances to recover.

EURGBP - Support barrier is strong enough to hold bearish movement. At the moment, if a breakout is confirmed at support – look for selling options.

NZDUSD - Resistance barrier holds bullish strength from further climbing. Look for a possible rebound back to support level.

USDCAD - Support level remains still valid, at the moment a rebound towards resistance barrier is expected.