Daily Forex Analysis for May 13, 2009
(update: 10:31am GMT+7)
It is more likely to go down to 1.35 area, but may be it will hit once again in around 1.37, and then go down. We can place a sell order at around 1.3720. with Target Profits to 1.36 or lower, Stop Loss at 1.3770.
(Current Price: 1.3694)
It is more likely to go down to 1.5250 or lower. but we recommend to wait until it is go up once again to around 1.5350, and then we place a Sell order, with Target Profits to 1.5250, Stop Loss at 1.5400.
(Current Price: 1.5305)
It is more likely to go down to 0.75 area. you can entry sell at 0.77, with Target Profits to 0.76, Stop Loss at 0.7750.
(Current Price: 0.7675)