Euro's Rise To The Occasion

There's no stopping euro for making another 'rise to the occasion' attempt to break this year's high 1.3681. At this point, bias remains on the upside and further rally is expected, but a short term fall from grace could not be ruled out.

Today's Pivot Points:
R3 = 1.3786
R2 = 1.3712
R1 = 1.3672
PP = 1.3598
S1 = 1.3558
S2 = 1.3484
S3 = 1.3444

Today's Calendar:
1- ECB President Trichet Speaks 9.45 pm
2- US Factory Orders m/m 10.00 pm

Today's Strategy:
1- Asian high low breakout.
2- Waiting for a sell signal from the EMA 365 setup.
3- Waiting for a sell signal from the Cornflower setup.
4- Buy on dip, 1.3585, 1.3560, sell on peak, 1.3645.