Update chiến lược cuối phiên Âu 3/11/2010

EURUSD
Our preference: Long positions above 1.399 with targets @ 1.406 & 1.408 in extension.
Alternative scenario: Below 1.399 look for further downside with 1.395 & 1.3925 as targets.
Comment: the pair has rebounded on its new support and is approaching its previous high.
 
GBPUSD
Our preference: Long positions above 1.6 with targets @ 1.608 & 1.6105 in extension.
Alternative scenario: Below 1.6 look for further downside with 1.5965 & 1.5935 as targets.
Comment: the pair stands above its support, the RSI is well directed.
 
USDJPY
Our preference: Short positions below 80.8 with targets @ 80.5 & 80.3 in extension.
Alternative scenario: Above 80.8 look for further upside with 81 & 81.15 as targets.
Comment: the pair stands below its resistance and remains under pressure. 
 

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