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** Asia Open: Daily EUR Trade / Tue. Aug. 29, 2006 **
** Asia Open: Daily EUR Trade / Tue. Aug. 29, 2006 **
EUR/USD
Medium Term Trend: As long as 1.2860/2980 resistance hold, chance 4 a RVSL is around the corner. Need 1.2670 break 2 continue lower to 1.2595/2455 & 1.2320
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Asian Session Expected Movement: ↑
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Today's Trade Analysis: Euro will find ST support around 1.2755/40 & correct higher toward 1.2870 resistance level, where will find bids & another try lower
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Supports: 1.2740/1.2705/1.2690 Resistances: 1.2785/1.2825/1.2870
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Plan: Buy 1.2755 stop below 1.2705, 4 corrective upmove toward 1.2870, 1.2940 max
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