Forex Daily Podcast

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Forex Daily Podcast - Thursday, March 16, 2006

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March 16, 2006 06:58 AM PST

Let the March Madness continue. Today we look to be in the final throws of a correction. One more push up on the EUR and the GBP will complete a 5 wave move up. Look to enter down after the next push with a target of 1.1650 on the EUR and 1.6500 on the GBP. We are potentially on the edge of a huge run down and risk has now shifted to the downside. Plan your trades accordingly.

The EUR trades at 1.2132.
The GBP trades at 1.7523.
The CHF trades at 1.2928.
The JPY trades at 117.20
The CAD trades at 1.1540.

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Visit us on the web at www.elliottexchange.com or at forex.podomatic.com. Good Luck and Good Trading

Podcast Summary

Our daily Forex podcast provides a roundup of the currencies and insight into the future. We discuss specific currencies as well as trading tactics and techniques to make your trades more successful. Brought to you by ElliottExchange at www.elliottexchange.com.