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acetraderfx
12-17-2009, 01:39 AM
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Update Time: 17 Dec 2009 07:51GMT
DAILY NZD/USD OUTLOOK - 0.7120

Although kiwi's anticipated weakness signals nr
term fall fm 0.7321 has resumed, o/sold condition
shud keep price abv 0.7079 n risk rebound later.

Exit short at 0.7174 n stand aside. Abv 0.7155
(prev. sup) suggests temp. low is made, 0.7190/00.

Rate: 0.7120
Strategy: Exit short
Position: Short at 0.7174
Objective:
Stop-Loss:
Resistance: 0.7155/0.7232/0.7300
Support: 0.7079/0.7043/0.7014
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Update Time: 17 Dec 2009 07:35GMT
INTRA-DAY EUR/JPY OUTLOOK - +129.27+

Euro's breach of indicated sup at 129.54 signals
nr term rise fm 129.19 has ended at 130.80 y'day n
downside bias is seen for a re-test of said sup,
however, break is needed to suggest breakout of the
128.78-131.60 range has occured, 128.78 later.

Sell at market n only abv 129.94 (prev. sup) wud
risk stronger rebound twd 130.20/30 b4 down...

Rate: +129.27+
Strategy: +Target met+
Position: +Short at 129.57+
Objective: 129.27
Stop-Loss:
Resistance: 129.94/130.36/130.80
Support: 129.19/128.78/128.40
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Update Time: 17 Dec 2009 03:25GMT
DAILY USD/JPY OUTLOOK - +90.15+

Dlr's upmove fm 87.36 has resumed in part due to
cross selling in yen n further gain to 90.15 is
seen but as broad outlook is consolidative, reckon
daily res at 90.78 wud hold on 1st testing n risk
has increased for a retreat later.

Trade fm long side with stop as indicated n only
below 89.00 aborts n risks correction to 88.50/60.

Rate: +90.15+
Strategy: +Target met+
Position: Long at 89.40
Objective: 90.15
Stop-Loss:
Resistance: 90.78/91.34/92.33
Support: 89.75/89.39/89.00
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