14 January 2011

14.01.2011

Eurusd currently at 1.3350, with a resistance level just above at 1.34. Correction is expected, but in case of a breakout we should see the price going to test 1.3700. Eurusd long term scenario presented few weeks ago is playing out well so far: http://forexoholic.blogspot.com/2010/12/eurusd-long-term-view.html




Gbpusd currently at 1.5850 with 100 pips resistance area above. Excatly 1 month ago (14.12.2010) price has dropped from this level pretty strong so correction is expected before moving higher.


Dollar index trading at 79.24. After yesterdays strong drop, today bounced from the support area 79.10 - 78.80.

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