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Old 01-15-2007, 08:49 AM
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Hi!

Quote:
It is possible that, with US closed, GBP could try to keep going up.
Cable's high so far: 1,9638.

Quote:
Quote:
If it breaks yearly high at 235,91 holding above 234,45 - 233,55-21; next will be 236,65, 237,10, 237,40, 237,55, 237,73, 238,05.
GBPJPY it went to pivot making a low at 235,00 and from there to a high so far at 236,42. It is trading now at 236,31.

Look at EURGBP and you will see that GBP is stronger than EUR.

USDCHF needs to break 1,2440 and hold below if we want EURUSD up.

Enjoy and take care!!
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