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Friday, July 14, 2006

Tallinn viies 13:27 GMT July 14, 2006
earlier today when euro touched 1,2650 russians came and saved it,
this time sovereign names again down there +
61,8% retracement 1,2630 probably contains if safe heaven flows push it trough official bids.


van Gecko 13:05 GMT July 14, 2006
Since euro's failure up at 1.2860 last week some dive hard bulls have been trying vely hard to hold certain lines to keep with the 1.30 hype.. 1.2750 gone.. 1.2700 gone.. now 1.2650 is the last line of defence between the Bulega butter rolls down at the low 1.25's..

euro @ July 17..


van Gecko 08:19 GMT July 14, 2006
"08:27 GMT July 10, 2006
... the dollar putting on a show for the bears by doing a 3 yen liquidity "breakdown" to m/t support prior to another go at the 1.20's.."


above 116.88 will induce more long distance Bulega whales to the land of the Rising sun..


van Gecko 07:51 GMT July 14, 2006
"10:53 GMT July 10, 2006
while last week's NFP induced blip caps a close below 1.27 could induce more bulls to ____ their longs all the way down to 1.25 again .."


euro now 2 big figures below 1.2860.. a good buy on dip bargain for those holding 1.28/29 longs to get their average down.. may even get to add more down at 1.2560 before the week is done.. cheerios


Tallinn viies 06:36 GMT July 14, 2006
good morning world,
euro still under pressure but basic structure still looks good to me.
plan to build up long euro position all the way down to 1,25.
first entry would be soon - between 1,26205-1,2665 depends how things develop. target still 1,2975 . good luck
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