Thursday, January 21, 2010

Forex-EURUSD -21-1-10 ( Where will the technical rebound be?)


With the price breaking the 200 moving average and heading all the way down, the next question will be- when will there be a technical rebound? Will it likely to rebound at Fib 161.8% as per the chart? That would be the likely support level. Well, if you have better suggestion, please feel free to comment.

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