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Friday, 1 June 2012

2012.05.31 18:21:14 EUR/JPY intraday: under pressure.

GBP/USD intraday: under pressure. Update on supports and resistances. Pivot: 1.553 Our preference: Short positions below 1.553 with targets @ 1.533 & 1.5275 in extension. Alternative scenario: Above 1.553 look for further upside with 1.56 & 1.5645 as targets. Comment: the immediate trend remains down and the momentum is strong. Key levels 1.5645 1.56 1.553 1.5409 last 1.533 1.5275 1.523 Trading Central recommends MT5 to publish FX charts Copyright Trading Central 1999-2011

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