01 December 2010

New month opening - december

For the last 2 days we have seen rally on dollar. Currency pairs reached some key levels.

Eurusd support area 1.29 - 1.265, cluster of candles broken to the upside on the left, now price is there for first time retesting that level.



Euro index confirms.


Gbpusd testing 1.55 for the 2nd time, (first time was just after a breakout of 1.555 on 9.09.2010) which is a support.



Nzdusd reached up trend line on daily chart.



Dollar index reversing from 81.48, 1st supply level on daily chart. Support at 80.00 - 79.50. We also have pre NFP numbers coming out this afternoon.

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