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Update - Daily Technical Levels from FXCC – 22 Sep 2011

Discussion in 'Market Predictions and Reports' started by alayoua, Sep 22, 2011.

  1. alayoua

    alayoua Banned

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    Update - Daily Technical Levels from FXCC – 22 Sep 2011

    EUR/USD Intraday Technical Levels:

    Pivot: 1.3575
    Preference: Short positions below 1.3575 with targets @ 1.341 & 1.332 in extension.
    Alternative Scenario: Above 1.3575 look for further upside with 1.37 & 1.38 as targets.
    Comment: the pair stands below its resistance and remains under pressure.

    USD/JPY Intraday Technical Levels:

    Pivot: 76.7
    Preference: Short positions below 76.7 with targets @ 76.25 & 76.1 in extension.
    Alternative Scenario: Above 76.7 look for further upside with 77 & 77.25 as targets.
    Comment: the pair is under pressure and is challenging its support.

    GBP/USD Intraday Technical Levels:

    Pivot: 1.552
    Preference: Short positions below 1.552 with targets @ 1.537 & 1.5285 in extension.
    Alternative Scenario: Above 1.552 look for further upside with 1.5575 & 1.5635 as targets.
    Comment: the pair is breaking below its support and remains on the downside.

    Daily Technical Levels from fxcc.com
    Source: FX Central Clearing ECN Forex Trading | ECN Forex Broker | Forex Trading Accounts | FXCC
     

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