Trading Central USD/CAD, AUD/USD

01.02.2013 22:36 GMT+1 - USD/CAD intraday: under pressure.

Pivot: 1.0005
Our preference: Short positions below 1.0005 with targets @ 0.996 & 0.9945 in extension.
Alternative scenario: Above 1.0005 look for further upside with 1.0045 & 1.0065 as targets.
Comment: as long as 1.0005 is resistance, look for choppy price action with a bearish bias.

01.02.2013 22:36 GMT+1 - AUD/USD intraday: under pressure.

Pivot: 1.042
Our preference: Short positions below 1.042 with targets @ 1.036 & 1.034 in extension.
Alternative scenario: Above 1.042 look for further upside with 1.045 & 1.0475 as targets.
Comment: as long as 1.042 is resistance, look for choppy price action with a bearish bias.