Daily Forex Analysis for May 14, 2009
(update: 5:40am GMT+7)
Today is complicated for the Analysis,
because it have a potential to move flat or bouncing for the major currencies.
EUR/USD
It is more likely to move flat, but it also have a potentially to continue down to 1.35 or even 1.34.
(Current Price: 1.3595)
GBP/USD
It is more likely to go up to around 1.5250, and then it is potentially to move down to around 1.50.
(Current Price: 1.5151)
AUD/USD
It is more likely to go down to around 0.7440, but we recommend to wait until it is go up to around 0.76, and then entry sell.
(Current Price: 0.7528)
Enjoy !
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