My FX Forecasts for JUNE 30th

** EURO/US DOLLAR - MEDIUM TERM VIEW **

JUNE 21st,1.2430 - The Euro's recovery from 1.1880 is nearing exhaustion
to yield a Reversal and sharp retracement. Only above 1.2700 frustrates.
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** *** SUPPORTS ** *** *EURO/USD DAILY UPDATE* June 30th, 1.2190
Support /2175/2150/2100/ Euro has sold-off nicely to mid 2100's &
** *** RESISTANCES *** ** looking for this decline to extend toward
Resistance /2215/2250/2300/ the 1.2100 support lvl,enroute Key 1.1880
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. *Short Term Outlook* June 30th, 1.2185
Awaiting next sell-off below 1.2150 - toward 1.2100 & then 1.2040/1.2000
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Daily USD / JPY

Price
USD
96
95.00
95

93.75 93.60 94

93

92

91

90

89

88
88.10 88.00
87

86

85

84.80
84

.12
02 16 01 16 01 18 01 16 01 16 01 16 03 17 01 16 01 16 02 16 01 16 01 18
Nov 09 Dec 09 Jan 10 Feb 10 Mar 10 Apr 10 May 10 Jun 10 Jul 10 Aug 10 Sep 10 Oct 10

** US DOLLAR/JAPANESE YEN - MEDIUM TERM VIEW **

JUNE 21st,90.80 - The Dollar's broad corrective consolidation persists &
resistance at 92.00/92.90 now contains for sell-off toward 84.80 & 81.00
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** *** SUPPORTS ** *** *USD/YEN DAILY UPDATE* June 30th, 88.65
Support /8830/8800/8740/ Dollar's sold-off well & looking for this
** *** RESISTANCES *** ** sell-off to extend below the 88.00 level,
Resistance /8895/8905/8920/ toward the mid 86.00's,enroute Key 84.80.
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. *Short Term Outlook* June 30th, 88.60
Awaiting next sell-off below 88.45/88.30 to 88.00 & then the 87.40 level
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** AUSTRALIAN DOLLAR/US DOLLAR - MEDIUM TERM VIEW **

JUNE 21st,.8815 - The Ozzy's recovery from .8070 has been impressive but
looking for high .8000's to now contain and yield RVSL/sharp retracement
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** *** SUPPORTS ** *** *AUD/USD DAILY UPDATE* June 30th, .8500
Support /8465/8400/8365/ The Ozzys sold-off nicely and looking for
** *** RESISTANCES *** ** this decline to extend toward Key support
Resistance /8510/8545/8600/ around the mid .8300's - enroute to .8070
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. *Short Term Outlook* June 30th, .8490
Awaiting next sell-off below .8465 - toward .8400 & then the mid .8300's
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Weekly AUD / USD

Price
USD
A
1
5/
X
.9405 .9395 0.96
b
b
0.92
.8860
3/ 0.88

.8265 a
.8580 0.84

c
0.8
.8070
1/
a 0.76
.7265 .7700

4/ 0.72

0.68

0.64

.6250 0.6
.6075
2/
0.56

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J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F
Q2 08 Q3 2008 Q4 2008 Q1 2009 Q2 2009 Q3 2009 Q4 2009 Q1 2010 Q2 2010 Q3 2010 Q4 2010 Q1 2011

** NEW ZEALAND DOLLAR/US DOLLAR - MEDIUM TERM VIEW **

JUNE 21st,.7120 - The Kiwi's recovery from .6570 has been impressive but
looking for low .7000's to now contain and yield RVSL/sharp retracement.
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** *** SUPPORTS ** *** *NZD/USD DAILY UPDATE* June 30th, .6920
Support /6900/6860/6790/ The Kiwis sold-off nicely and looking for
** *** RESISTANCES *** ** this decline to extend toward Key support
Resistance /6960/7000/7040/ in the late .6700's,enroute the .6570 lvl
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. *Short Term Outlook* June 30th, .6915
Awaiting next sell-off below .6900 - toward .6860 & then the late .6700s
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** US DOLLAR/SWISS FRANC - MEDIUM TERM VIEW **

JUNE 21st,1.1030 - Dollar's sell-off from 1.1730 level probably nearing
exhaustion to yield a RVSL/strong recovery.Only below 1.0600 frustrates.
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** *** SUPPORTS ** *** *USD/SWISS DAILY UPDATE* June 30th, 1.0820
Support /0810/0800/0745/ Dollar sell-off stronger than anticipated
** *** RESISTANCES *** ** Support around 1.0800 to yield a recovery
Resistance /0865/0880/0905/ back toward 1.0900/1.0940 Resistance area
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. *Short Term Outlook* June 30th, 1.0825
Whilst now holding 1.0800 looking for recovery back toward 1.0900/1.0940
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** POUND STERLING/US DOLLAR - MEDIUM TERM VIEW **

JUNE 21st,1.4885 - Sterlings recovery from 1.4235 appears unconvincing &
is probably nearing exhaustion,to yield a reversal and sharp retracement
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** *** SUPPORTS ** *** *GBP/USD DAILY UPDATE* June 30th, 1.5050
Support /5015/4960/4900/ Sterling's advance has been stronger than
** *** RESISTANCES *** ** anticipated.Whilst 1.5070/1.5105 contains
Resistance /5070/5105/5130/ looking for sell-off back toward 1.4900.
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. *Short Term Outlook* June 30th, 1.5045
Looking for sell-off below 1.5015 toward 1.4960,enroute the 1.4900 level
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Disclaimer: Max McKegg & Technical Research Ltd accept no liability whatsoever for any
loss or damage that may result, directly or indirectly, from any forecast, comment or
opinion, information or omission, whether negligent or otherwise, within this forecast.