Asia Session Open: Tactical Strategy for Thursday April 20th, 2006: EUR/USD
EUR
Asian Session Expected Movement: Down
Today's Trade Analysis: Euro traspass our 1.2335 resistance but should be held around 1.2410/35 @ least 4 the moment & make corrective downmove. Wait
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Supports: 1.2310/1.2275/1.2240 Resistances: 1.2395/1.2405/1.2435
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Plan: Await European trading to install entry as ST technical levels were violated today
Asia Session Open: Tactical Strategy for Thursday April 20th, 2006: USD/JPY
JPY
Asian Session Expected Movement: Up
Today's Trade Analysis: Yen retrace strongly as guessed. Now is facing serious support around 116.75/50 & should contain fall & make a mild corrective upmove.
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Supports: 116.70/116.25/115.90 Resistances: 117.35/117.70 /118.05
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Plan: Await European trading to install entry as ST technical levels were violated today
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