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Old 01-05-2007, 09:02 AM
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topchess topchess is offline
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Join Date: Dec 2006
Location: Cairo, Egypt
Posts: 328
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1-Week chart update:

NFP coming.. please be careful

Technical note, a break below 1.3030 fib support is required to turn the bias down, towards 1.3000 psychological and 1.2979 break level. I would not recommend turning your medium term trade to short until we break 1.2979.

On other hand, a break above 1.3300 is now needed to confirm a resumption of the general uptrend.

There is no intraday idea, be careful with the news release.

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