Windsor Brokers - Short Term Technical Analysis for Majors (08:30 GMT)

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Windsor Brokers - Short Term Technical Analysis for Majors (08:30 GMT)

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04-23-2010, 03:49 AM

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Windsor Brokers - Short Term Technical Analysis for Majors (08:30 GMT)

EUR/USD

Broke below key 1.3300/1.3267 levels yesterday to complete a 5 week bear flag. Next target stands at 1.3201, ahead of 1.3140/20 zone. Possible extension to 1.2884, 22 Apr 09 low is not ruled out. Corrections, for now, seen capped by 1.3322.

Res: 1.3282, 1.3322, 1.3356, 1.3422
Sup: 1.3201, 1.3190, 1.3140, 1.3120

GBP/USD

Reversal from yesterday

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