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Friday, November 17, 2006

Euro & GBP to Slide Further

The GBP has still further to go which in turn will pressurise the Euro to move even down more. In turn the CAD has more potential on the upside. The 1458 will be a big resistance but if we deal above that then we could see a big move up. Currently we are around the 1415 resistance and have been since yesterday.

Hope some of you have managed to make some decent profits this week.

I will update with charts by Monday.

Have a good weekend.