Intraday Market Thoughts

Archived IMT (2009.06.22)

by Ashraf Laidi
Jun 22, 2009 15:04

MORE RISK AVERSION in Forex with stocks intensify losses as warned following escalating selling in emerging markets. GBPCHF and EURCHF downside targets 1.7720 and 1.5010, AUDNZD eyes 1.2430, while cable hits 1.6360 target, eyeing 1.6310. CADJPY BREAKS 6-month trend line support of 83.40, eyeing 82.50 and 82.20.


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