Forex Daily - August 14, 2009

{ Posted on 8/14/2009 11:38:00 AM by De_Trainer }

EUR/USD
It is more likely to go down to around 1.42 or even 1.4150, but before it goes down, please beware that it still possible to reach 1.4350 or even 1.44. We suggest you to entry Sell after it goes up, or using a breakout strategy.
(Current Price: 1.4267)

GBP/USD
It is more likely to go down to around 1.65 or even 1.6450, but before it goes down, please beware that it still possible to reach 1.6650 or higher. We suggest you to entry Sell after it goes up, or using a breakout strategy.
(Current Price: 1.6571)



AUD/USD
It is more likely to go down to around 0.83, but before it goes down, please beware that it still possible to reach 0.85. We prefer to keep Sell.
(Current Price: 0.8432)

USD/JPY
It is more likely to go down lower than 95 or may be 94.50, and after that, it might have potentially to go up to around 96. We prefer to use a breakout strategy in this pair, Buy when it reaches 95.60, and Sell when it reaches 94.90.
(Current Price: 95.12)

USD/CHF
It is more likely to go up to around 1.0750 or may be 1.08, and after that, it might have potentially to go down to around 1.0680.
(Current Price: 1.0716)


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