Tuesday, October 11, 2011

Forex outlook for the day 11th Oct 2011

EURUSD buy @ 1.3640 stop @ 1.3600 tgt 1.3680 - 1.3710 - 1.3740
only below 1.3600 will bring to 1.3550 - 1.3510 level

GBPUSD Buy @ 1.5640 stop @ 1.5600 tgt 1.5690 - 1.5740
sustain trading below 1.5580 will hamper bullish out look

AUDUSD buy @ 0.9960 stop @ 0.9900 tgt 1.0060 - 1.0150
closing below 0.9900 will give correction till 0.9800 which is unlikely