Monday, December 29, 2014

The Daily Wave Analysis

4 hour EURUSD: The EURUSD's downtrend has reached the 127.2% Fibonacci retracement level of the wave X (blue), which could be a bouncing spot for the wave Y (blue). 60 min EURUSD: Price is in a triangle (orange and purple trend lines). The top and bottom most likely indicate the bear and bull



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