Wednesday, January 14, 2009

Todays Trade Jan 14 2009

GBP/USD:
Short in 1.4630 area (resistant area)
- GU still got plenty room to dive downside.. ONLY SHORT/SELL trade for minimizing the risk.

EUR/USD:
Short in 1.433x area
- EU probably hike up for a little retrace before continue their journey to south. Main channel/trendline still showing south.

USD/JPY:
Short in at 90.00 area
- 88.8x is solid support to penetrate, UJ going up and find next resistant before going down again.

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