Technical analysis for March 05, 2009

* the possibility of pair return to supports or resistance, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval(1 hour based on candlestick patterns).


EURUSD:
* Range 1,2560/80 support

For short-term buying positions on condition of formation of topping signals the targets will be 1,2620/40, 1,2680/1,2720 and/or further breakout variant up to 1,2760/80, 1,2820/40, 1,2900/20.
An alternative for sells will be below 1.2520 with targets 1,2460/80, 1,2400/20

GBPUSD:
* Range 1,4060/80 support

For short-term buying positions on condition of formation of topping signals the targets will be 1,4130/50, 1,4190/1,4210 and/or further breakout variant up to 1,4260/80, 1,4320/40, 1,4380/1,4400.
An alternative for sells will be below 1.3940 with targets 1,3880/1,3900, 1,3780/1,3820, 1,3580/1,3620.

USDJPY:
* Range 97,80/98,00 support

For short-term buying positions on condition of formation of topping signals the targets will be 99,40/60 and/or further breakout variant up to 100,00/20, 100,60/80, 101,20/40.
An alternative for sells will be below 98.40 with targets 97,80/98,00, 97,20/40, 96,60/80

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