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Update - Daily Technical Levels from FXCC – 23 Sep 2011

Discussion in 'Market Predictions and Reports' started by alayoua, Sep 23, 2011.

  1. alayoua

    alayoua Banned

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    Update - Daily Technical Levels from FXCC – 23 Sep 2011

    EUR/USD Intraday Technical Levels:

    Pivot: 1.3575
    Preference: Short positions below 1.3575 with targets @ 1.3385 & 1.332 in extension.
    Alternative Scenario: Above 1.3575 look for further upside with 1.363 & 1.37 as targets.
    Comment: the pair is breaking below its support and should reach its previous low.

    USD/JPY Intraday Technical Levels:

    Pivot: 76.55
    Preference: Short positions below 76.55 with targets @ 76.1 & 75.95 in extension.
    Alternative Scenario: Above 76.55 look for further upside with 76.7 & 77 as targets.
    Comment: the pair is under pressure and is approaching its support.

    GBP/USD Intraday Technical Levels:

    Pivot: 1.547
    Preference: Short positions below 1.547 with targets @ 1.537 & 1.5325 in extension.
    Alternative Scenario: Above 1.547 look for further upside with 1.552 & 1.5575 as targets.
    Comment: the pair stands below its resistance and is shaping a bearish flag.

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

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