Added on 02.15.2005 at 06.20GMT
EURUSD
Important support was found at 1.2955. Resistance is seen in the 1.2980 area followed by 1.3035. A breach on the first support level may
bring the pair down in the 1.28 area. Current exchange rate is 1.2963
Trading strategies:
Long at 1.2955/60, t/p @1.2985, s/l @1.2940
USDJPY
The pair currently stands on the first support level at 105.1. A breach here will probably point our attention toward 104.50/60.
CUrrent quote is 105.13
Trading strategies:
Short at 105.20/25, t/p @104.80, s/l @105.45
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