Tuesday, April 10, 2007

April 10, 2007

GBP/USD
It should test higher than 1.9658. Entry point are at 1.9609 and 1.9593. A break of 1.956 is bearish.

EUR/USD
It may meet resistance in 1.3354 - 1.3358 zone for a drift down to 1.3343 zone, after which bounce to 1.3367 is anticipated.

USD/JPY
Current rise should end around 119.3 or 119.42. Objectives of this downmove are 119.21 or 119.09. A rise above 119.51 is again bullish.

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