Posts Tagged ‘currency crosses pair’

Currency Crosses Pairs Analysis – Daily 04.06.2010

Tuesday, April 6th, 2010

EUR/GBP

Current level – 0.8831

Longer term bias remains bullish for the pair, the pullback to the bearish trendline has been completed, expect some consolidation between 0,88- 0,91.

Intraday: the cross is testing a key support level at close to 0,8800 figure twhich belongs to the 61,8% and minor bullish trendline, expect a bounce from here.

Resistance Support
intraday intraweek intraday intraweek
0.8880 0.9150 0.8800 0.8800
0.8900 0.9200 0.8720 0.8700

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