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Euro Rejected by Fibonacci Extension
Written by article default Tuesday, 08 March 2011 18:28
480 Minute Bars
Prepared by Jamie Saettele
As focused on in recent days, a drop below 13743 or an intraday decline in impulsive fashion is needed in order to suggest that top is in place. The decline from yesterday’s high is a good start and small 4th and 5th waves would give scope to a small corrective rally before accelerated weakness.