USDJPY possible breakout at resistance level

Tomas Cedavicius from Investija.com at 01/29/10

 

AUDUSD - Concentration near support level is extended, waiting action remains for now. Short term upswings are expected.

EURUSD - Bears are still keeping their position below support, however lack of confidence can hit hard to their heads whereas bulls can step into the market. Waiting action is better for now.

EURGBP - Negative trend remains active, however selling actions should be done with a care.

NZDUSD - Despite the recent bulls attempt, negative trend remains. However short term upswings are still possible.