Tuesday, July 6, 2010

Forex Prediction Wednesday 7 July 2010


GBP/USD preference short with targets @ 1.5070 & 1.5020 or lower in extension.
Alternative scenario: Above 1.5200 look for further upside with 1.53 & 1.534 as targets.
Comment:
- the RSI lacks upward momentum.
- stoch (10,3,3)daily overbought area.

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