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Daily Technical Analysis
2010-07-28  02:09:00
The pair is facing a strong resistence at 1.5632 , retracement to 1.5522 could be seen , break there would drive the pair to.......
 
2010-07-28  01:52:00
The pair managed to break 1.0559 . next resistance is at 1.0675 , if it does not manage to break there it would go back down to test 1.0559 support which is ........
 
2010-07-28  01:27:00
The pair now is facing a strong resistance at 1.3045 , but we still expect the pair to continue rising to 1.3122 resistance
 
2010-07-27  03:52:00
We need a 4 hours candle to open above 1.2993 to confirm the break of this resistance , that will drive the pair to 1.3122 ( 38.2% retracement from 1.5143 to 1.875 ) .......
 
2010-07-27  03:32:00
After breaking 1.0346 support and the trend line the pair is going now to test 1.0275 support , break there will take the pair .....
 
 
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