Tue, 09 Nov 2010 11:07:49 +0100

Usdjpy Erratic Situation Continues

AUDUSD - Despite the current consolidation, bulls have more potential to breakout at resistance barrier. Look for buying options above resistance.

EURUSD - Bears have fell downside, but while significant barrier at 1.3850 is valid. Look for selling options.

EURGBP - Strong negative trend is established, look for selling options below support barrier.

NZDUSD - Even though bullish trend is executed, look for short term selling actions while resistance barrier remains valid.

USDCAD - Resistance barrier acts an important role for bulls side, in order for them to recover, bulls need to initiate a breakout at resistance barrier.





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Usdjpy Erratic Situation Continues

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