Daily Forex Analysis for May 4, 2009
(updated: 2:53am GMT+7)


EUR/USD
It is more likely to move up to 1.3300 or even higher than 1.3400, and after that, it will potentially to go down.

GBP/USD
It more likely to move up to 1.5050. But we suggest to entry buy at 1.4860.

AUD/USD
We suggest to sell if it reaches near 0.7450 or even 0.7500. Profit Targets set to 50 pips, and stop at 50 pips too.

USD/JPY
It is more likely to potential sell if it is still holds at 99.80 . With risk to 100.40.


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