By
GCI Financial |
Technical Analysis | Aug 16, 2011 06:03AM GMT |
n the Asian session at 3:00GMT, the pair is trading at 0.9812, flat from yesterday’s close at 23:00 GMT.
The first area of short term resistance is observed at 0.9885, followed by 0.9959 and 1.0084. The first area of support is at 0.9760, with the subsequent supports at 0.9709 and 0.9584.
Trading trends in the pair today are expected to be determined by manufacturing shipments data release in Canada.
Please see the attached chart below...
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