Mar 31, 2008
At Time : (time are in GMT+7)
20:00 GBP/USD down (Sell)
ALWAYS put a Stop Loss (SL) MAX 40 pips, and Target Profit (TP) starting from 10 to 70 pips, you can use a trailing stop too.
USE AT YOUR OWN RISK !
EUR-USD : It may attempt a test higher to 1.5817 after which weakness may set it to a drift down to below 1.5744 limit.
GBP-USD : Market should pop up towards 2.0062 or 2.0180 this bullish scenario would be damaged if 1.9861 - 1.9860 zone is broken, a severe break down could then occur.
USD-JPY : There are initial signs of a good corrective recovery towards 99.82 or even 100.05. Supports at 99.17 and 98.76 zone.
USD-CHF : It is a triangle configuration . Market should break either side.Acceleration should occur above 0.9997 or under 0.9914 limits.
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The information contained herein has been obtained from sources believed to be reliable, but is not necessarily complete and its accuracy cannot be guaranteed. Any views expressed may change without notice.
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Monday, March 31, 2008
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