Sunday, May 24, 2009

weekly trading tip 25th-30th of May


        Eur still bullish trend to test up 1.4350. In early coming week,Eur may test 2tops  at 1.4050 to correction drop back around 1.3780-1.3830 level before testing up follow the up trend again.

       Test short Eur near the top 1.4030-50 level to catch up the correction wave as target 1.3830-50 level first.

       Pound is the same trend with Eur to test up 1.6650 level. So pound also got 1 leg correction drop back around 1.5680-1.5730  level before going up again.

       Jpy is on the way to test 90.60 level again, in coming week Jpy should be test up for retracement around 95.80- 96.30 level 



        

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