Daily Forex Analysis for May 13, 2009
(update: 10:31am GMT+7)

EUR/USD
It is more likely to go down to 1.35 area, but may be it will hit once again in around 1.37, and then go down. We can place a sell order at around 1.3720. with Target Profits to 1.36 or lower, Stop Loss at 1.3770.
(Current Price: 1.3694)

GBP/USD
It is more likely to go down to 1.5250 or lower. but we recommend to wait until it is go up once again to around 1.5350, and then we place a Sell order, with Target Profits to 1.5250, Stop Loss at 1.5400.
(Current Price: 1.5305)

AUD/USD
It is more likely to go down to 0.75 area. you can entry sell at 0.77, with Target Profits to 0.76, Stop Loss at 0.7750.
(Current Price: 0.7675)

Enjoy !

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