Twitter:@maxmckegg_TRL
Email: TRL@clear.net.nz
My FX Forecasts for MONDAY – February 27th
. ** EURO/US DOLLAR - MEDIUM TERM VIEW **
FEBRUARY 27th,1.3450 - The Euro's rallied nicely & is still expected to
test my 1.3630 Target;probably extending toward 1.4060 over coming weeks
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. *EURO/USD DAILY UPDATE* FEB.27th, 1.3465
*** DAILY SUPPORTS *** Euro rallied nicely on Friday and support
Support /3415/3390/3365/ is now around the 1.3400 level,extending
*** DAILY RESISTANCES *** Uptrend onto my next at the mid 1.3500's
Resistance /3485/3520/3550/ enroute to 1.3600+ over coming days.
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. ** US DOLLAR/JAPANESE YEN - MEDIUM TERM VIEW **
FEBRUARY 27th,81.20 - The Dollar has rallied as anticipated these past
weeks and still expected to test my 82.40 Target,enroute the 84.00 level
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. *USD/YEN DAILY UPDATE* FEB.27th, 81.50
*** DAILY SUPPORTS *** Dollars rallying nicely to my mid 81.00's
Support /8105/8090/8075/ target and with suport about 81.05/80.90
*** DAILY RESISTANCES *** Uptrend then extends toward the 82.40 lvl
Resistance /8165/8200/8240/
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. ** US DOLLAR/SWISS FRANC - MEDIUM TERM VIEW **
FEBRUARY 27th,.8950 - The Dollar's sold-off nicely and still expected to
test my .8800 Target; probably extending toward .8570 over coming weeks.
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. *USD/SWISS DAILY UPDATE* FEB.27th, .8950
*** DAILY SUPPORTS *** Dollar sold-off to .8950 target on Friday
Support /8935/8920/8885/ and resistance now around the .9000 level
*** DAILY RESISTANCES *** for resumption of Downtrend toward .8885,
Resistance /8990/9005/9025/ enroute the .8800 level over coming days
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. ** POUND STERLING/US DOLLAR - MEDIUM TERM VIEW **
FEB.27th,1.5880 - Sterlings Uptrend developing well & probably now holds
support at 1.5760/1.5650 as advance extends toward 1.6350/1.6460 Target.
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. *GBP/USD DAILY UPDATE* FEB.27th, 1.5890
*** DAILY SUPPORTS *** Sterling rallied nicely in Friday & with
Support /5840/5825/5800/ support now about 1.5840/5825 looking for
*** DAILY RESISTANCES *** Uptrend to extend above 1.5930 resistance
Resistance /5900/5930/6000/ onto the 1.6000 level - enroute to 1.6165
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. ** AUSTRALIAN DOLLAR/US DOLLAR - MEDIUM TERM VIEW **
FEB.27th,1.0700 - Ozzys corrective reaction off this month's 1.0845 high
gives-way to resumption of Uptrend onto my next Target at 1.1080/1.1150.
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. *AUD/USD DAILY UPDATE* FEB.27th, 1.0700
*** DAILY SUPPORTS *** Ozzy's broad corrective consolidation now
Support /0665/0650/0630/ has support around the mid 1.0600's for
*** DAILY RESISTANCES *** rally above 1.0800/0845 resistance & the
Resistance /0730/0755/0805/ resumption of Uptrend twd 1.0930 & 1.1000
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. ** NEW ZEALAND DOLLAR/US DOLLAR - MEDIUM TERM VIEW **
FEBRUARY 27th,.8350 - Kiwi's corrective consolidation gives-way to the
resumption of Uptrend to the .8600 level;eventually new highs above 8840
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. *NZD/USD DAILY UPDATE* FEB.27th, .8375
*** DAILY SUPPORTS *** Kiwi's broad corrective consolidation now
Support /8350/8320/8300/ has support in the low 8300's for advance
*** DAILY RESISTANCES *** above Key .8400/.8425 resistance and the
Resistance /8400/8425/8490/ resumption of Uptrend toward .8490 & 8600
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whatsoever for any loss or damage that may result, directly or
indirectly from any forecast, comment or opinion, information or
omission whether negligent or otherwise, within this report.