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Forex

Currency pairs technical review (February 05, 2013)

February 5, 2013, Tuesday, 17:08 GMT | 12:08 EST | 21:38 IST | 00:08 SGT
Contributed by Forex-Metal

EURUSD
The pair has worked out the Pennant and declined to the Fibonacci retracement 50%.
Resistance: 1.35984, 1.37486, 1.38554
Support: 1.34882, 1.33143, 1.31674

GBPUSD
The pair’s resistance is 1.58543, support is 1.56722.
Resistance: 1.58543, 1.60322, 1.62050
Support: 1.56722, 1.54842, 1.53482

USDCHF
The pair has declined to 0.91079. If the pair stays above this level the pair will rise to 0.92026.
Resistance: 0.92026, 0.93069, 0.93949
Support: 0.91079, 0.89635, 0.88418

USDJPY
The pair has reached resistance level Fibonacci retracement 23% at 92.580.
Resistance: 92.580, 94.089, 95.200
Support: 91.254, 90.045, 88.640

AUDUSD
The pair has broken 1.04407 and aiming to 1.03535.
Resistance: 1.04407, 1.05332, 1.06164
Support: 1.03535, 1.02558, 1.01744

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