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MY Daily analysis For all currencies 29-2-2012

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FOREX ANALYSIS 29-2-2012 at 9 GMT

 

  EUR/USD 
The current trend is an upward trend, it  will reach 1.3480 , then 1.3520
The stop loss point is 1.3425
if the price reached 1.3425 , the trend will be  reversed and the new target will be 1.3380, then 1.3350


   USD/JPY  
The current trend is an downward trend, it  will reach 80.20 , then 80.05
The stop loss point is 80.70
if the price reached 80.70, the trend will be  reversed and the new target will be 80.90, then 81.10


    USD/CHF  

The current trend is an downward trend, it  will reach 0.8930 , then 0.8900
The stop loss point is 0.8980
if the price reached 0.8980, the trend will be  reversed and the new target will be 0.9000, then 0.9025

    USD/CAD  

The current trend is an downward trend, it  will reach 0.9940 , then 0.9920
The stop loss point is 0.9975
if the price reached 0.9975, the trend will be  reversed and the new target will be 1.0005, then 1.0030
 
      USD/NZD  
The current trend is a upward trend, it will reach  0.8450, then  0.8490
The stop loss point is 0.8350
if the price reached 0.8350, the trend will be  reversed and the new target will be 0.8310, then 0.8270

        GBP/USD  
The current trend is a upward trend, it will reach  1.5950, then  1.5980
The stop loss point is 1.5870
if the price reached 1.5870, the trend will be  reversed and the new target will be 1.5820, then 1.5780

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