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US Market Update
DAILY FOREX AND DOW JONES RECOMMENDED LEVELS
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Article
BFI: Currency market commentary
07.04.2009 10:48 TuesdayGood morning. Herewith we would like to present our currency market forecasts for today.
EURUSD
Right now the pair is staying in range 1,3390-1,3310/1,3290. Possible downside rebound will bring the rate as low as 1,3200.
GBPUSD
Possible return to the area of 1,4950 and only fall below 1,4630 will cancel this scenario.
USDJPY
Drop to the level of 99,40 would be a good point to open long positions with destination target set at 102,70.
USDCHF
Range of trading seen between 1,1410-1,1300. Downside rebound will initiate drops to the area of 1,1190.
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