Tuesday, July 18, 2006

18.07 - commentary

hello,

eur-usd - index zew for a few minutes...bounce after yesterday´s fall touch 2546 so i expect another fall below 1,2505, first target 1,2475-85, eur is underpressure also from eur-gbp and could be from eur-jpy, iof resistance at 146,80-147,20 holds,

gbp-usd - better than expected cpi data from gbp, stand aside at this moment

usd-cad - resistance at 1,1345-50 was taken out, first target 1,14 next near 1,16

aud-usd - while below 0,7525 i think about short position.....


good luck

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