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Forex-Metal Technical analysis for 03/02
Written by article default Thursday, 03 February 2011 09:04
EURUSD
The pair was unable to touch Fibonacci 61.8% resistance at 1.38890 and rolling back to 1.37486.
Resistance: 1.38554, 1.39600, 1.40690
Support: 1.37486, 1.35984, 1.34882
GBPUSD
The pair is working out upside down Head and Shoulders figure. The end of the figure maybe expected at the 1.63316 but before that level the pair needs to break 1.62050.
Resistance: 1.62050, 1.63316, 1.64636
Support: 1.60322, 1.58543, 1.56722
USDCHF
The pair has declined to support level and minimum of 01.03.2011 at 0.93187 and rolling back to 0.94381.
Resistance: 0.95125, 0.96574, 0.98114
Support: 0.93435, 0.91658, 0.89710
USDJPY
The pair has declined to support level at 81.399 and may roll back to 81.820.
Resistance: 82.219, 83.065, 83.933
Support: 81.399, 80.438, 79.707
AUDUSD
The pair has rolled back to 1.00907 and aiming to 1.01744.
Resistance: 1.01744, 1.02705, 1.03535
Support: 1.00907, 1.00067, 0.99207