2007-07-12

Quick estimations...

4 hour chart:
we have a parallel channel - brown lines.
The wedge is with blue lines.
Pink line - short term support.

There are still a chance the price to fall to bottom of the parallel channel (brown), this will be nice, very nice.

There is slight chance the price to fall to bottom of the wedge - not good, but we will see.

IN CASE PRICE REACH 1.38.05, I will consider the rally for over, and will delete all my orders.


30 min chart:

Same picture. Just magnified. There are a small resistance - brown, which is passed, but not quite much, trere is a chance for poolback.


USD index...
We had veri small rice there, probabal guess - because of JPY (still not checked how Yenn doing now), but still is on the wedge support.


EUR index...

*will come later with the update*

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