Breakout Signals for EUR/USD, GBP/USD and EUR/JPY from RebateFX

September 6, 2010 9:57 AM GMT

RebateFX

EUR/USD
Buy @1.2923 SL1.2856 TP1.2973
Sell @1.2856 SL1.2923 TP1.2806

GBP/USD
Buy @1.5498 SL1.5409 TP1.5548
Sell @1.5409 SL1.5498 TP1.5359

EUR/JPY
Buy @109.02 SL108.32 TP109.52
Sell @108.32 SL109.02 TP107.82

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EUR/USD Weekly Outlook

EUR/USD's decline extended further as expected as reached as low as 1.2496. The break of 1.2625 confirmed resumption of whole fall from 1.4939. Initial bias remains on the downside this week.

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