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Old 06-06-2003, 03:08 AM
nico3725
 
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Default Weekly Forex Market Comment

EUR/USD.. .1.1870. The correction most likely has ended last week & resumption of uptrend in EUR should target 1.1965 , 1.2025/50 or 1.2200++.Supports are at 1.1730 , 1.1665 & 1.1625.

USD/CHF.. 1.2985. Dollar has mostly finished the correction & should aim for 1.2770/1.2670 now. Resistances are at 1.3195 ,1.3250/75 & 1.3375.

USD/JPY..117.55. Dollar is stuck to recent ranges & break of either side is needed to gauge the direction & intensity of the move.

GBP/USD..1.6825.Cable`s rally should hit 1.6865/1.6910 or 1.7020. Supports are at 1.6710, 1.6635 & 1.6550.

Source : http://www.realtimeforex.com/
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