FOREX ANALYSIS

February 12, 2008
Tuesday February 12, 2008  
  EUR-USD 1.4519. It is a triangle configuration. Market should break either side. Acceleration should occur above 1.4577 or under 1.4481 limits.  
  GBP-USD 1.9509. A corrective/consolidation activity between 1.9430 and 1.9610 is likely for a while.  
  USD-JPY 106.97. It is likely to fall towards 106.34 as its corrective rally could falter in 107.29 - 106.97 area. Stop above 107.61 zone.  
  USD-CHF 1.1024. It should test 1.1078 area after which a sell off down to 1.0965 or extended to 1.0906 area is expected.  

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