Sunday, July 30, 2006

Moday Outlook

there is strong resistance in 1.2770 (EU)
if it break, it will reach 1.2810 area easyly

There will be only minor news on monday (10:00pm USA Chicago PMI)

dont hope many volatitle on monday
maybe there will be minor correction to 1.2730 area

the trend is still strong bullish

my suggestion is to BUY in 1.2720 area or sell in 1.2820 area for EU

however it is wise if we see the morning monday market first to get more accurate forecast...

good luck guyz :D

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