EURRUB: start of the rally?

EURRUB: watching support at 72.16 level - circled 2 of I could complete there and trigger a rally towards 80 area.

Overall, this minor pattern may be a start of larger degree rally scenario with targets in 104 region (or higher) - but this assumption yet has to be verified by the way 82 resistance region is taken out.

BaseCase - EURRUB= - Primary - Aug-08 1444 PM (1 day)
BaseCase - EURRUB= - Primary - Aug-08 1444 PM (1 day)
BaseCase - EURRUB= - Primary - Aug-08 1445 PM (4 hour)
BaseCase - EURRUB= - Primary - Aug-08 1445 PM (4 hour)
Arkady Yakhnis provides extensive coverage on precious metals, energy, and forex at ElliottWaveTrader.