Technical analysis for March 23, 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 1,3520/40 support

For short-term buyers’ positions on condition of formation of topping signals the targets will be 1,3580/1,3600, 1,3640/60, 1,3700/40 and/or further breakout variant up to ,3780/1,3800, 1,3860/80, 1,3940/60, 1,4000/20.
An alternative for sells will be below 1,3400 with the targets 1,3340/60, 1,3260/80, 1,3240/60.

GBPUSD:
* Range 1,4360/80 support

For short-term buyers’ positions on condition of formation of topping signals the targets will be 1,4460/80, 1,4660/80, 1,4620/40 and/or further breakout variant up 1,4680/1,4700, 1,4780/1,4820, 1,4960/1,5000.
An alternative for sells will be below 1.4260 with the targets 1,4200/20, 1,4140/60, 1,4060/80.

USDJPY:
* Range 95,40/60 support

For short-term buyers’ positions on condition of formation of topping signals the targets will be 96,00/20, 96,60/80 and/or further breakout variant up 97,20/40, 97,80/98,00, 98,40/60.
An alternative for sells will be below 94.80 with the targets 94,20/40, 93,60/80, 93,00/20.