Wednesday, August 01, 2007

A Quick Update

Today's Pivot Points:
R2 = 1.3748
R1 = 1.3712
PP = 1.3689
S1 = 1.3653
S2 = 1.3630

Today's Calendar:
1- German Manufacturing PMI 3.55 pm
2- US ADP Nonfarm Employment Change 8.15 pm
3- US ISM Manufacturing Index 10.00 pm


Today's Strategy:
1- Buy euro on dips, 1.3650-3630
2- Sell euro on peaks, 1.3690

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