16 December 2010

16.12.2010

Gbpusd currently at 1.5610, after bounce from its demand level at 1.5530, heading towards resistance area 1.5720 - 1.5760.


Dollar index after break of 79.90 went straight to its resistance at 80.28. Its reacting to the down side from there, heading towards 79.90, to test it as its support.



Eurusd after the bearflag break, went to 1.3206. From there it bounced back to 1.3265, testing the broken flag. The nearest support levels are at 1.3180, 1.3080 and 1.30.

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