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Thursday, July 5, 2007

EURUSD (Intraday)
Posted On:
Jul 5 2007 2:30PM ET
Last Price: 1.3617























From earlier: "Again, focus is on exceeding 1.3639 and probing towards 1.3700 in concluding the larger five wave rally sequence from 1.3416. Interim support at 1.3584 more preferably remains intact during this process. Afterwards, a corrective three wave decline into the mid 1.35s is in order.

Al yaqen's
yaqen.canteen@gmail.com


Trading Ide's
Buy on dip : 1.3610 tp 1.3650
sl 30-35

Today's Pivot Points:
R3 = 1.3652
R2 = 1.3641
R1 = 1.3625
PP = 1.3614
S1 = 1.3598
S2 = 1.3587
S3 = 1.3571

Today's Calendar:
1- ECB Interest Rate Announcement 7.45pm
2- US ADP Nonfarm Employment Change 8.15 pm
3- ECB President Trichet Speaks 8.30 pm
4- US ISM Non-Manufacturing Index 10.00 pm



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