27 FEB 2010 USD, AUD, Euro . GBP Weekly



USD Index

My opinion the USD index is going to continue higher until April and this is going to put pressure on currencies.



AUD:- Even though the AUD doesn't fall into the USD Index basket, I just can't get bullish on the AUD.

Trend guide the March 50% level


Euro

Friday's up move into resistance levels should continue down early next week into March lows.

It's the only view I have at the moment.

March lows could support price for the rest of the month, but my opinion it should continue down in April.



GBP

Bearish into March lows:- 50% levels resistance.

Max move down towards the Yellow levels by April.