Technical analysis for March 11, 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 1,2610/30

For short-term buying positions on condition of formation of topping signals the targets will be 11,2680/1,2700, 1,2760/80, 1,2820/40 and/or further breakout variant up to 1,2880/1,2900, 1,2960/80, 1,3040/80.
An alternative for sells will be below 1.2560 with targets 1,2500/20, 1,2420/40, 1,2360/80.

GBPUSD:
* Range 1,3780/1,3800 resistance

For short-term sells on condition of formation of topping signals the targets will be 1,3720/40, 1,3660/80 and/or further breakout variant up to 1,3600/20, 1,3520/40, 1,3460/80.
An alternative for buyers will be above 1.4030 with targets 1,4090/1,4110, 1,4170/90, 1,4260/1,4300, 1,4260/1,4300.

USDJPY:
* Range 98,00/20

For short-term buying positions on condition of formation of topping signals the targets will be 98,60/80, 99,20/40, 99,80/100,00 and/or further breakout variant up to 100,40/60, 101,00/20, 10,60/80 .
An alternative for sells will be below 97.60 with targets 97,00/20, 96,40/60, 95,80/96,00.

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