Red, sorry ,i was already asleep when you posted!.. I haven't had much time to look at it, but the daily chart indicates 1.3826 coming. Cycles are not very clear.... here's a real short term peak (10 min chart).. id be buying anywhere around the lower prc band...

That should say ^^^ lot of volume as we came into this area*

wow that was fun....got to love the Euro! What was that anyway?

Oh yeah,forgot to mention ,using the same projection techniques shows strong support around 1.4125

Well, I mean good volume for the o/n session ..

5:20am et EUR ECB President Trichet Speaks

Due to speak at the 14th International WDR Europa Forum, in Berlin;

Down trend line from may 4th has been tested and broken.

Markets in a wedge looking for a break out and 4200, is the next obvious level to me. I'm long off the trend line bounce from this mornings lows. I am going to figure out these oanda charts this weekend to post some charts on this thread lots of good trend line setups today and yesterday.

theres the wedge breakout come on 4200 13 pips away, taking half off

At $85 billion/month, it cost Bernanke a little over $1 million for each job created last month. Well done, professor. -Tim Knight