Friday, April 11, 2014

Week ahead

FOREX.com: "Technical Developments to Watch:

EUR/USD pressing critical resistance at 1.39 – break above may target 1.3965 next
GBP/USD’s 20-day EMA may provide support after pullback from 4.5-year highs
USD/JPY collapse leaves rates near 101.00-20 support, but 100.00 possible if this floor breaks
USD/CAD in play, near-term resistance around 1.10"



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