Tuesday, December 30, 2014

Daily Wave Analysis

4 hour EURUSD: The EURUSD is in a neat yet slow downtrend channel which is indicated by the 2 trend lines (orange). 60 min EURUSD: The EURUSD's downtrend has passed the 127.2% Fibonacci retracement mark of the wave X (blue) and is approaching the last expected bouncing spot of 138.2 (invalidation level). It



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