Tuesday 30 November 2010

€$


Is this a price failure in the thick green fork? I am not sure.
Price (as yet) has a long way down to go to the orange CL but its way is being barred by a great big fat RL from a fork in a higher TF but i have my suspicions that we may see a break out upwards after support was found at the .618 fib RT at 1.3006...The choice is either the orange CL at around 1.2980 or upwards and a break of the Fib low at 1.3006 will tell us which it is. Incidentally the DX looks like its going higher.

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