Tuesday, June 19, 2007

We're Going North, Babe!!


Today's Pivots:
R3 = 1.3469
R2 = 1.3442
R1 = 1.3427
PP = 1.3400
S1 = 1.3385
S2 = 1.3358
S3 = 1.3343

Euro will be facing resistance at 1.3442 on its way up. If the difference between EMA 365 value and the price is more than 50 pips, I'm going to short the euro.

No comments: