weekly technical strategist 17 feb 08

as always, lets see isah’s analysis,

EURUSD: Break Of The 1.4751/52 Area Required To Reduce Downside Threat

Directional Bias: Nearer Term –Bullish Short Term –Mixed Medium Term –Bullish my comment: it seems that this is a bullish week for EU. you can easily get 100 pip if you open a buy position yesterday, around 3 or 4 pm till now.

GBPUSD: Recovery Above The 1.9938/59 Zone Needed To Avert Weakness Towards The 1.9388/35 Levels

Directional Bias:
Nearer Term -Mixed
Short Term -Bearish
Medium Term -Bearish

my comment: GU is in bearish mood..

hepi trading folks!!

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