Thursday, July 17, 2008

Pounding the dollar setup


I had the suddn urge to pull up a GBP/USD chart just because i dont look at this pair too often. A clear lower support line is in play; maybe if the euro can break his trendline the gbp/usd will follow, the aussie and nzd are certainly leading the race. If the trendline is broken the target will be R1->S1

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