FX Forecasts for JUNE 27th

---------- Forwarded message ----------
From: Max McKegg - Technical Research Limited <max.mckegg@trl.co.nz>
Date: Jun 27, 2007 12:43 PM
Subject: My LATEST FX Forecasts for JUNE 27th
To: TRL <max.mckegg@trl.co.nz>

My FX Forecasts for WEDNESDAY - JUNE 27th

. ** EURO/US DOLLAR - MEDIUM TERM VIEW **
JUNE 8th,1.3425 - Euro's complex correction persists.Until Key 1.3500/55
resistance cleared,looking for further weakness toward the low 1.3000's.
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*** ** SUPPORTS ** *** *EURO/USD DAILY VIEW* June 27th, 1.3460
Support /3425/3400/3375/ The Euros recovery has stalled and whilst
** *** RESISTANCES *** ** Resistance at 1.3465/1.3480 now contains,
Resistance /3450/3465/3480/ risks a corrective sell-off toward 1.3375
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. ** EUROPEAN UPDATE ** June 27th, 1.3440
Still favours a sell-off toward the 1.3400 level today,enroute to 1.3375
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. ** US DOLLAR/SWISS FRANC - MEDIUM TERM VIEW **
JUNE 8th,1.2245 - Whilst now holding Support at 1.2200,2150 max.looking
for corrective recovery toward 1.2650/1.2700,enroute to the 1.3100 level
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*** ** SUPPORTS ** *** *USD/SWISS DAILY VIEW* June 27th, 1.2275
Support /2260/2245/2200/ Having sold-off toward Support around the
** *** RESISTANCES *** ** mid 2200s,looking for imminent RVSL/rally
Resistance /2300/2350/2365/ back toward Key 1.2350/1.2365 Resistance.
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. ** EUROPEAN UPDATE ** June 27th, 1.2285
Staying Bullish,Stop under 1.2260,for rally above 1.2300 twd Key 2350/65
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. ** POUND STERLING/US DOLLAR - MEDIUM TERM VIEW **
JUNE 8th,1.9780 - Sterlings complex correction persists & Resistance now
found at 1.9900-1.9970,to risk sell-off back toward the Key 1.9600 level
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*** ** SUPPORTS ** *** *GBP/USD DAILY VIEW* June 27th, 1.9985
Support /9960/9930/9890/ Sterling's upside momentum is waning and
** *** RESISTANCES *** ** risks a corrective sell-off back toward
Resistance /0000/0015/0050/ the 1.9890 level enroute the mid 9800's.
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. ** EUROPEAN UPDATE ** June 27th, 1.9980
Still looking for sell-off below 1.9960 Support toward the 1.9890 level.
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. ** US DOLLAR/JAPANESE YEN - MEDIUM TERM VIEW **
JUNE 6th,121.35 - Dollar has rallied well & Support now at 120.90/120.40
for the resumption of Uptrend beyond Key 122.20 Resistance toward 127.50
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*** ** SUPPORTS ** *** *USD/YEN DAILY VIEW* June 28th, 122.90
Support /2285/2240/2220/ The Dollar's correction persists,probably
** *** RESISTANCES *** ** extending toward 122.40/2220 before RVSL
Resistance /2305/2320/2350/ to yield next advance to 123.50 & 124.00+
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. ** EUROPEAN UPDATE ** June 27th, 122.90
Resistance now at 123.05/123.20 to extend corrective sell-off to 122.40.
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. ** AUSTRALIAN DOLLAR/US DOLLAR - MEDIUM TERM VIEW **
JUNE 11th,.8440 - Ozzy's rallied nicely but cautions imminent exhaustion
around .8500 to yield a corrective sell-off back toward the .8200 level.
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*** ** SUPPORTS ** *** *AUD/USD DAILY VIEW* June 27th, .8455
Support /8415/8400/8370/ Ozzy's found formidable Resistance around
** *** RESISTANCES *** ** 8500 & whilst .8475/8500 contains looking
Resistance /8450/8475/8500/ for corrective sell-off to 8400 and .8340
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. ** EUROPEAN UPDATE ** June 27th, .8425
Still looking for sell-off to extend to the .8400 level,enroute to .8340
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. ** NEW ZEALAND DOLLAR/US DOLLAR - MEDIUM TERM VIEW **
JUNE 11th,.7620 - Kiwi has rallied nicely but cautions imminent Reversal
yielding corrective sell-off back toward Support around the mid .7200's.
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*** ** SUPPORTS ** *** *NZD/USD DAILY VIEW* June 27th, .7670
Support /7630/7600/7580/ Kiwi's upside momentum is waning & whilst
** *** RESISTANCES *** ** resistance at .7690 now contains looking
Resistance /7660/7675/7690/ for corrective sell-off back toward .7600
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. ** EUROPEAN UPDATE ** June 27th, .7640
Resistance now at .7660/.7675 to extend sell-off toward the .7600 level.
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for any loss or damage that may directly or indirectly result from
any advice, opinion, information or omission whether negligent or
otherwise, contained in this report.