Daily Prediction for June 17, 2011

GBPUSD

Today not much news to be released, only the U.S. data PrelimUoM Consumer Sentiment who has a high impact on price movements.
Technically, this pair will likely rise to the level of 1.6238

Long position suggested

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EURUSD

Technically, it is likely to rise towards 1.4275 level.

Long position suggested

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AUDUSD

Technically, it is likely to rise towards 1.0640 level.

Long position suggested

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USDCAD

Technically, it is likely to fall towards 0.9755 level.

Short position suggested

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NZDUSD

Technically, it is likely to rise towards 0.8117 level.

Long position suggested

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