Tuesday, April 17, 2007

Quick Update

For this time being, according to 15-M, euro looks bullish, and maybe as well make its first attempt to take out 1.36 tonight or tomorrow morning.
EMA 365 value = 1.3512
Current price = 1.3582
Waiting price to be at 1.3620-30 before going short (must be with a bearish divergence).

We should buy on dip again if price goes down to 1.3525-30, (if that short-term support holds).

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