FOREX - Trends, Forecasts and Implications (Episode 18: August 2012) - page 25
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$1.2456 - 55-day DMA
$1.2440/50 - medium buffers
$1.2420 - large buffers
$1.2390/400 - large offers, option barrier at 1.2400
$1.2375/80 - medium buffers
$1.2342-51 - July 30 high, 76.4% Fibonacci retracement level
$1.2337 - European intraday high
$1.2318 - Current rate
$1.2281 - intraday Asian low
$1.2268 - Fibonacci retracement level 61.8%
$1.2250/40 - average demand
$1.2225/20 - medium demand, stops
$1.2200 - low demand
$1.2180/70 - medium demand, stops
$1.2118 - low of July 26
Source: Forexpf.Ru - Forex news
Where's the bull's strength?
we're up, horns forward, dirigi bear ))))
already up, horns forward, dirigi bear )))))
And that's not all, we can go further down.
Hopefully we will stop there, draw a flip-flop and go up.
The Eurobucks has become a fully news-driven currency pair. It's now a casino currency, with all the indicators and strategies thrown away.
It was wrong, everything was predicted and warned of a possible fall.