Forex Video Trading Update 10/27/2010 - EUR/JPYhttp://www.youtube.com/watch?v=xaMr289T3HgThe EUR/JPY pair continues to consolidate, failing to break above 114.00 this week. The daily shows that the fibonacci retracement level of 50% at 110.80. This is the target for the current downswing.
- The 4H chart shows the 112.30 level as support. A break and close below that in the 4H chart,
Wednesday, October 27, 2010
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