We got about +100 pips at May 5 yesterday
and below is the analysis for May 6
Daily Forex Analysis for May 6, 2009
(update : 4:40am GMT+7)
EUR/USD
It is more likely to move down first to around 1.3250 before it is continue to go up to 1.3360 or even 1.34
(Current Price: 1.3312)
GBP/USD
It is more likely to go up to around 1.52, and then move down to 1.51 or even lower. We suggest you to entry sell if it hit around 1.5230, profit targets to 1.5150 , stop loss at 1.53
(Current Price: 1.5067)
AUD/USD
It is more likely to go up, and we suggest if it is reaches around 0.75 then you can entry sell, with profit targets to 0.74 , stop loss at 0.7560
(Current Price: 0.7410)
Enjoy !
James
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