Sunday, December 21, 2008

Forex trading for Monday 22 Dec 08

I do my commentary on Sunday.So my view for tomorrow now:

1. Eur/Usd will rebounds to 1.4180-1.4230 before drop again to 1.3650 if it never break up 1.4360,my view still wait to short for 1 dow move.

2 Pound follows Eur to rebound around 1.5115 and 1.5180 before drop.Big resistance now 1.5280

3. Usd/Jpy looks trade in range 88.50-92.60,still on downtrend

4. Aud/Usd is the same Eur and Pound,can short 0.6920 for Monday resistance then it can go down around 0.6680 level

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