Wednesday, September 22, 2010

EUR/USD Fibonacci levels to watch


Well who says Fibs don't work? LOL.
EUR/USD at 1.26 nicely bounced off the 50% level (1.1869 - 1.3344).

Now that we have breakout of the 1.3344 high we focus on 1.35 which is the 50% of the bigger 1.50 - 1.186 move.

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