April 13, 2007

GBP/USD
Currently uptrend should end around 1.9816 - 1.9828 area. A correction down to below 1.9742 is expected. A rise above 1.9862 will abort the expected correction.

EUR/USD
Currently uptrend should end around 1.3513 - 1.3514 area. A correction down to below 1.344 is expected. A rise above 1.3545 will abort the expected correction.

USD/JPY
It should be subject to more sell off towards 118.8 or 118.45. Corrective upward swings should face resistance around 119.17 area. A break of 119.69 is bullish.