Forex Daily Podcast - Tuesday, February 28, 2006

Is this the reversal we've been waiting for? Right now it's a bit hard to tell. We we're expecting a final push yesterday that never materialized which makes the patterns had to read right now. we will be on the sidelines until it becomes clearer. Don't force a bad trade, rather wait for the next good one. Our targets for the EUR remain at 1.1915 and 1.2000. The EUR trades at 1.1872 Our targets for the GBP remain at 1.7490 and 1.7600. The GBP trades at 1.7469 Our targets for the CHF remain at 1.3100 and 1.3020. The CHF trades at 1.3188 The JPY trades at 116.35 The CAD trades at 1.1392 Forex Currency trading is very risky, please read the disclaimer on our web site. Visit us on the web at www.elliottexchange.com or at forex.podomatic.com. Good Luck and Good Trading