Wednesday, April 11, 2007

April 11, 2007

GBP/USD
Current rise seems to be over near 1.974 or 1.9781 for a retracement towards 1.9698 - 1.9671 area.

EUR/USD
Current rise seems to be over near 1.3447 or 1.348 for a retracement towards 1.3414 - 1.3394 area.

US/JPY
It is likely to attempt to below 118.46 while below 119.05 - 119.06 area. Rise above 119.35 would dampen this bearish expectation.

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