Tuesday, August 25, 2009

Let's take a look at how the EURUSD price doing. The price is within the 23.6% and 38.2% Fib on H4 and making lower low for each swing on H1 chart. If price manage to break below 1.4282, we'll be looking at the next support level at 38.2% Fib level on H1 followed by 1.4226, 50% Fib on H4. As both H1 and H4 are still in uptrend, I am looking for long opportunity.


- http://eurusdtrader.blogspot.com -
Trade what you see, Not what you think

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