Sunday, November 8, 2009

Gbp/Usd Weekly Technical Summaries.

From the image it show clearly how Price Action rebound at EMA72 after a minor decline and went up again but rejected at R1 (1.6622). It end up with 1.6610. Overall our DDFX indicator still show that the Price Action is bullish and we are looking forward to go bullish again next week. Next Resistance is at 23 Oct 2009 High at 1.6692.

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