USDJPY possible breakout at resistance
Wednesday, August 18, 2010
, Posted by Usman Ali Minhas at 2:22 AM
AUDUSD - Rebound is extended towards support barrier, look for selling options below resistance level.
EURUSD - While candles stay above support, look for buying options but only for short term because in a long run bears have more potential to decline the price further.
EURGBP - Resistance level still holds bullish movement, recovery process is still on going by bulls side. Look for buying options just above resistance.
NZDUSD - More upswings are expected while candles stay active above support level. Waiting action holds with buying possibilities.
USDCAD - Support barrier holds bears from further declining the price. Look for selling options below support barrier.
