Today’s highlights:
EUR/USD: Faltering back from 1.3900/38 resistance to damage small basing effort. Risk back through 1.3497 low to key 1.3428/10 area early this week
GBP/USD: New correction low aiming at key retracement support at 1.5490 into month-end, with overshoot risk to 1.5345/5296
AUD/USD: Plunge back from 1.0373/77 resistance places immediate risk lower to/through 1.0111/07 support to key .9933/27 area
Today’s trades:
EUR/USD: Short through 1.3703 for 1.3430; exit 1.3796
USD/JPY: Short at 77.22 for 76.00, stop 77.90
GBP/USD: Short through 1.5748 for 1.5506; exit 1.5906
USD/CHF: Long at .8736 for .9340; exit/reverse .8634
AUD/USD: Flat, sell at 1.0359 for 1.0011; exit 1.0476
NZD/USD: Short at .8310 for .8105, stop at .8430
USD/CAD: Long at .9851 for 1.0285; exit .9719
Click here to read the full report:
http://www.easyforexnews.net/wp-content/uploads/2011/09/document-804455140.pdf
Credit Suisse
FIXED INCOME RESEARCH & ANALYTICS