Deltastock Daily Fx Analysis

Fri, 03 Apr 2009 09:47:17 +0200

Deltastock Daily Fx Analysis

April 3, 2009
Current level - 99.61


A short-term bottom has been set at 87.12 and a large consolidation is unfolding since. Trading is situated between the 50- and 200-day SMA, currently projected at 94.12 and 99.36.

Our first target at 100.16 was reached yesterday and the pair is in a corrective mode above 99.+, before advancing towards 100.98.

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