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Today's Market Outlook

Discussion in 'Technical Analysis' started by ActionForex.com, Jan 13, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    Recovery attempt off 1.3312, 6 Jan low, stalled at 1.3801 on 08 Jan, just under key 1.3840 pivot, turning focus lower again. Break below 1.3312 pivots the market towards 1.2894, 76% retracement of 1.2329/1.4723 advance. Upside attempts should be capped by 1.3426/47 for now.

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