9th March 2011 – FX Daily Report by GFM Research

EURUSD settled lower at 1.3895 on profit booking at higher level. On daily closing below 1.3900, it can be seen testing 1.3711 in near-term. USDCHF rose after breaking key resistance of 0.9335 and may test 0.9521 in near-term. DJ settled higher at 12214.38 against previous close of 12089.66.

 


FX Pair       Support 2           Support 1          Resistance 1         Resistance 2


EURUSD          1.3711                1.3822                  1.3936                   1.4046
GBPUSD          1.5883                1.6008                  1.6177                   1.6245
USDCHF           0.9200               0.9309                  0.9417                    0.9521
USDJPY             81.44                 82.53                    83.97                       –
EURJPY           113.50                114.70                  115.40                   116.10
AUDUSD          0.9960                1.0033                  1.0107                   1.0211


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