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Speculator · 01-09-2004, 18:12

New monthly Pivot points(both methods overlap) at 1.2180. Price trying to hang above it… …also again above old trend line, daily MA100 (1.2130) and MA250 (1.2145 provided support earlier today)… - hard to break supports…! Many EUR bulls expressing bearish views - …alarming!!! Things may get very ugly… good NFP report is needed for continuation of the downtrend… And we may get one if the old trick with lowering previous month’s numbers for the benefit of the next one was played last time. A good number might’ve been arranged for the pick of Republican Convention…?!? Look out for movements caused by leeks…

...just some thoughts

01-09-2004, 18:12	#422 (permalink)
Speculator lost in time Join Date: Jan 2004 Posts: 393 Rep Power: 0	New monthly Pivot points(both methods overlap) at 1.2180. Price trying to hang above it… …also again above old trend line, daily MA100 (1.2130) and MA250 (1.2145 provided support earlier today)… - hard to break supports…! Many EUR bulls expressing bearish views - …alarming!!! Things may get very ugly… good NFP report is needed for continuation of the downtrend… And we may get one if the old trick with lowering previous month’s numbers for the benefit of the next one was played last time. A good number might’ve been arranged for the pick of Republican Convention…?!? Look out for movements caused by leeks… ...just some thoughts Attached Images Last edited by Speculator; 01-09-2004 at 18:54.