Weekly Report 16/05 -20/ 05/ 2011
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The trading range for this week is among key support at 124.00 and key resistance at 136.20
The general trend over short term basis is to the downside targeting 118.80 as far as areas of 150.75 areas remain intact.
|Recommendation||Based on the charts and explanations above our opinion is, selling the pair around 131.50 targeting 127.50 and stop loss above 134.20 might be appropriate.|