The EURGBP is testing it’s key support at 0.8532-0.8542(previous swing high and 50% fibo level of the prior upleg) after an equal move zigzag. A failure to extend the downside would keep the uptrend intact.
EUR/GBP: testing key support
This entry was posted on Thursday, November 11th, 2010 at 11:29 am and tagged with EURGBP, fibonacci, trend and posted in trading note. You can follow any responses to this entry through the RSS 2.0 feed.
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