Monday September 19, 2005
EUR-USD

1.2233. While above 1.2217 - 1.2186 zone a corrective dip could test 1.2248 or 1.2272 or 1.2295. After which it should resume his downtrend.

USD-CHF

1.2698. Uptrend is still intact in a triangle configuration. It should continue to rally to 1.2724 or 1.2802 if support around 1.2675 hold. After which a pullback to 1.2675 - 1.2649 zone is possible.

USD-JPY

111.30. Current rise seems to be over near 111.38 or 111.69 for a retracement towards 111.07 - 110.88 area.

GBP-USD

1.8081. It is likely to attempt to below 1.7954 while below 1.8081 - 1.8083 area. Rise above 1.8146 would dampen this bearish expectation.

EUR-CHF

1.5534. Currently uptrend should end around 1.5568 - 1.5551 area. A correction down to below 1.5502 is expected. A rise above 1.5567 will abort the expected correction.

EUR-JPY

136.16. Currently uptrend should end around 136.45 - 136.64 area. A correction down to below 135.45 is expected. A rise above 137.12 will abort the expected correction.

EUR-GBP

0.6766. Decline should be supported around 0.6754 - 0.6742 zone for rally to above 0.6800. A clear break of 0.6742 will damage this expected rally.

AUD-USD

0.7673. It is likely to fall towards 0.7610 unless a corrective rally breaks the 0.7690 resistance. Stop above 0.7705 zone.

USD-CAD

1.1792. There is bearish potential for a fall to 1.1760 while 1.1813 - 1.1830 resist. After this fall a recovery up to 1.1830 or 1.1846 is expected.

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