Wednesday, January 28, 2015

Market Morning Briefing

Euro (1.1283) is retesting the supports and lows at 1.220 and 1.11. The trend remains to the downside and the short term resistance is at 1.1400. Pound-Dollar's (1.5145) has held its 100MA on hourly charts at 1.5130. We may see a push up to 1.5350 if it holds. The trend would turn negative if it drops below 1.5070.



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