EUR/USD room to fall
Wanted to share this:
"As the EUR/USD broke through strong support once again, we need to back out all the way to a monthly chart to take a look at where this might go next. The answer: the EUR/USD has more room to fall with the next major support at 1.4000 at the intersection of the 50% Fibonacci level (from the July 2005-March 2008 rise), the monthly trend support and a large round number."
Source: piphut.com
Last edited by PipDiddy; 09-05-2008 at 07:50 AM.
Reason: Link Violation
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