Daily Forex Signal 11 Desember 2008  

Posted

SELL GBP/USD 1.4777
TAKE PROFIT 1.4757
STOP LOSS 1.4807
RESULT ORDER NOT TOUCHED





FOREX ANALYSIS

THURSDAY December 11, 2008

EUR/USD

Currently uptrend should end around 1.3054 - 1.3094 area. A correction down to below 1.2927 is expected. A rise above 1.3165 will abort the expected correction.

GBP/USD
N/A

USD/JPY
Market looks set for gains towards 93.17 or above in extension. Dips should find support at 92.62 - 92.41 zone.

USD/CHF
One more dip to 1.1916 is likely followed by a grind higher to above 1.2037. After which it can resume his downtrend.



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