Monday, February 23, 2009

Pound / dollar. Technical view Foreign Exchange Market

23:02:09

Pound continues to stay near the 21-day rolling average of 1.4370. Stochastics and Momentum in the afternoon schedule moved to neutral territory, while trying to break above. 21-day moving average remains the key to determining the future dynamics.

RES 4: $ 1.5150 100-day moving average
RES 3: $ 1.4980/86 up January 16, February 9
RES 2: $ 1.4779 intermediate resistance of 17 December, the upper limit of the band Bollindzhera.
RES 1: $ 1.4600 a maximum of 15 February, the 55-DMA


The current price of the pound / dollar: $ 1.4518


SUP 1: $ 1.4330/70 5, 21-day moving average
SUP 2: $ 1.4102 a minimum of 18 February
SUP 3: $ 1.4058/63 at least February 2, 61.8% correct, at least 29 January
SUP 4: $ 1.3930 a minimum of 27 January

Source: Forexpf.Ru - Stock Market and Forex

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