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Forex-Metal Technical analysis - 28/07/10
Written by article default Wednesday, 28 July 2010 09:06
EURUSD
The pair is aiming to the second level of Fibonacci retracement of 38.2% at 1.31133, if 1.30277 is broken.
Resistance: 1.30277, 1.32285, 1.34334
Support: 1.28630, 1.27009, 1.25690
GBPUSD
The pair has broken 1.5484 again and aiming to 1.56722. At this level the pair should start topping, because of the MACD divergence.
Resistance: 1.56722, 1.58543, 1.60322
Support: 1.54842, 1.52523, 1.50581
USDCHF
The pair has reached 1.06179 and rolling back to 1.05139.
Resistance: 1.06179, 1.07258, 1.08210
Support: 1.05139, 1.03987, 1.02747
USDJPY
The pair is trading in the narrow range between 87.675 and 86.345. Once 86.246 is broken, the pair will decline to 85.161.
Resistance: 88.640, 90.045, 91.254
Support: 86.246, 85.701, 85.161
AUDUSD
The pair is rolling back to 0.89029. If this level is broken the pair will decline to 0.87243.
Resistance: 0.90285, 0.91773, 0.93357
Support: 0.89029, 0.87243, 0.82723