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Old 27-08-2006, 10:56   #202
rufffen
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Re: EUR/JPY CYCLES UPDATE Part1

EUR USD UPDATE:

TWO BUY ZONES THIS WEEK

1,2513
1,2595
1,2676
1,2702

Im fairly confident that one of the zones will be reached by mid-week to present a very decent R/R LONG SETUP.

One can also BUY at current levels, since there is more upside potential, however SL will have to be wide.

Id suggest to take EUR USD profits at 2820 2880 area this week, and maybe SHORT from 2880 2920 levels if we experience good price swings.

Across the board, USD JPY and USD CHF looking as good SELL opportunities, just need to get in at good price.



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