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Eur/Usd; Bearish Structure! OIL; Down to $58!?

Discussion in 'Technical Analysis' started by ActionForex.com, Aug 17, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    Euro is trading powerfully lower from our Fibonacci resistance zone that was discussed in the past week. Traders that are in short positions should patiently be watching for the 1.4151 support area, where a red wave I) (sub-wave of a blue wave 3)), may hit a temporary bottom. However, prices...

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