Message 6

The article at daily fx (link below) sums up this morning's activity.

http://www.dailyfx.com/story/market_alerts/fundamental_alert/Currencies_Hit_Hard_As_Fears_1250507817701.html

I fully expect a decent rebound to last Friday's and this mornings Euro sell-off. I bought back (I accidently deleted the post from earlier!) the Euro @ 1.4055...the price is stalling at past support levels at 1.4044 (look at 4H and daily charts). There is also strong support at 1.4008. Rounding these numbers means support is at 1.4050 and 1.4000. Resistance is at around the 1.4100 area. I'm hoping NY open and TIC news will drive the Euro up, but the market is quite volatile at the moment so will be watching both trades carefully.

Trade 2

Long E/U @ 1.4055 - Hard 100pip SL - 2.5% capital at risk