Technical analysis for March 06, 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 1,2640/60 resistance

For short-term sells on condition of formation of topping signals the targets will be 1,2580/1,2600, 1,2520/40 and/or further breakout variant up to 1,2460/80, 1,2400/20 .
An alternative for buyers will be above 1.2720 with targets 1,2760/80, 1,2820/40, 1,2880/1,2900.

GBPUSD:
* Range 1,4240/60

For short-term sells on condition of formation of topping signals the targets will be 1,4160/80, 1,4100/20, 1,4060/80 and/or further breakout variant up to 1,3980/1,4000, 1,3920/40, 1,3960/80. An alternative for buyers will be above 1.4320 with targets 1,4360/80, 1,4440/60, 1,4540/80.

USDJPY:
* Range 98,00/20 resistance

For short-term sells on condition of formation of topping signals the targets will be 97,40/60, 96,80/97,00 and/or further breakout variant up to 96,20/40, 95,60/80, 95,00/20.
An alternative for buyers will be above 98.80 with targets 99,20/40, 99,80/100,00.

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