Forex Euro/ Usd H4 - as mentioned on last week it is moving in the 4th wave now and seems like it only able to reach 61.8 fibo of the 3rd wave. Also the pull back is really deep passing through the 78.6 (check out H1 chart). It's not a firm view of direction today, we have to stay low until it break out the support or resistant.
Monday, August 17, 2009
Forex Euro/ Usd, H4 - 17 August 09
Forex Euro/ Usd H4 - as mentioned on last week it is moving in the 4th wave now and seems like it only able to reach 61.8 fibo of the 3rd wave. Also the pull back is really deep passing through the 78.6 (check out H1 chart). It's not a firm view of direction today, we have to stay low until it break out the support or resistant.
