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Wednesday, August 16, 2006

Forex Trade Idea: EUR/USD

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Forex Trade Idea
EUR/USD - Again we trade this today

If Core CPI Mom 0.3% or Above - USD Stronger - Sell the break of 1.2755, Target around 1.2710.
0.2% - USD Slightly Weaker: Watch for direction after 30-45 minutes
0.1% or below - USD is Weak : Buy the break of 1.2808, target around 1.2890

Keep Stop orders TIGHT.

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