Update nhận định xu hướng & chiến lược phiên Âu 2/12/ 2010

USD/CHF intraday: rebound
Our preference: Long positions above 1 with targets @ 1.007 & 1.012 in extension.
Alternative scenario: Below 1 look for further downside with 0.9955 & 0.9925 as targets.
Comment: the pair remains within a bullish channel and has rebounded on its support.

GBP/USD intraday: key ST resistance at 1.565
Our preference: Short positions below 1.565 with targets @ 1.555 & 1.552 in extension.
Alternative scenario: Above 1.565 look for further upside with 1.5695 & 1.574 as targets.
Comment: the RSI is breaking below its rising trend line, the pair stands below its resistance and should face a weakness.
 
EUR/USD intraday: bullish bias above 1.3055
Our preference: Long positions above 1.3055 with targets @ 1.3185 & 1.325 in extension.
Alternative scenario: Below 1.3055 look for further downside with 1.3015 & 1.295 as targets.
Comment: the pair has struck against its resistance and is pulling back on its support ahead of a rebound.
 
USD/JPY intraday: further advance
Our preference: Long positions above 83.9 with targets @ 84.4 & 84.6 in extension.
Alternative scenario: Below 83.9 look for further downside with 83.7 & 83.55 as targets.
Comment: the pair is rebounding on its new support as the RSI is turning up.
     
 

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