An interesting Fibonacci time relationship currently exists in the EURUSD. The all-time high was in July 2008. The next significant low was [B]3 [/B]months from the top in octover 2008. [B]5 [/B]months from the 1.6000 top would place us in December 2008 - which was the next top. [B]13 [/B]months from the top would be August 2009 (last month and quite possibly the next major top). The next Fibonacci number, [B]21[/B], forecasts the next major low in April 2010 ([B]21 [/B]months from the top).
