FX Views for 20 July 2010
morning all
Expect euro to bounce back again.. buy 1.2935.. if 1.2980 breaks on hourly charts.. add long.. target 1.3100.. s/l 1.2895.. if 1.2980 touches but closes lower on hourly charts.. s/l is increased to cost at 1.2935
GBP/USD play range of 1.5210-1.5350
USD/JPY range 86.50-87.50
INR.. expect range of 47.05/47.2100 for teh day.. if euro breaks higher.. expect the pair to fall below 47.00.. (all OTC spot levels)
ciao
morning all
Expect euro to bounce back again.. buy 1.2935.. if 1.2980 breaks on hourly charts.. add long.. target 1.3100.. s/l 1.2895.. if 1.2980 touches but closes lower on hourly charts.. s/l is increased to cost at 1.2935
GBP/USD play range of 1.5210-1.5350
USD/JPY range 86.50-87.50
INR.. expect range of 47.05/47.2100 for teh day.. if euro breaks higher.. expect the pair to fall below 47.00.. (all OTC spot levels)
ciao