Tuesday, August 28, 2007

A Quick Update

Today's Pivot Points:
R3 = 1.3724
R2 = 1.3704
R1 = 1.3675
PP = 1.3655
S1 = 1.3626
S2 = 1.3606
S3 = 1.3577

Today's Calendar:
1- German IFO Business Climate Index 5.00 pm
2- US Consumer Confidence 10.00 pm
3- FOMC Meeting Minutes 2.00 am

Today's Strategy:
1- Buy euro, 1.3630, 1.3600, buy on break of 1.3685, target 1.3713
2- Sell euro, 1.3710, sell on break of 1.3635, target 1.3618

No comments: