These 2 Pairs Look Solid Longer Term
 FX
Technical Levels for March 10, 2005
-Â Dollar remains under pressure, although
appears to be holding its own…for now.
-Â AUD & NZD under pressure despite the dollar
weakness; possible unwinding of carry trades cited as reason. Technically, both
still look solid based on longer time frames.
-Â EUR/USD,
looks like another push higher is possible based on 60 and
240-min charts. Look for any pull-backs towards 1.3390-1.3407 to hold and offer
good long entries for a continuation move towards 1.3470
**
BLUE highlight in current bias column reflects strong opinion on
near-term price direction.
As always, feel free to send me your comments and
questions.