Friday, November 10, 2006

Fx - ahead weekend

Hello Traders,

Yesterday info from China oficials hurt long usd positions, my also…

It was not good week, but propably range will be break sooner than later…

Eur-Usd - looks strong, but first resistance near current level, buy on dips for 1,2940 - generally watch todays close , my longer term view for this pair could change if we close near 1,2940

Gbp-Usd - above 1,9140-45, look for 1,9225 soon, try long near 1,9100 level...
Change view while above 1,9140...

With rest stand aside , wait for next week

Good Luck
Piotr

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