Analysis of activity through 21/04/2006close: 0.0720 The current...

Analysis of activity through 21/04/2006
close: 0.0720

The current trend is down and all orders on the short side may be considered.

If already holding short positions, we would look to take partial profits at any retracement to 0.0770. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 0.0770. Be prepared for a potential short term price pull back to the 0.0736 area.