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[Previous entry: "FibMaster update - FOREX USD/JPY"] [Main Index] [Next entry: "FibMaster's new online seminars."]
01/14/2008 Archived Entry: "FibMaster FOREX update EUR/USD."
From the post below on January 12th. "There is a good chance that the Euro turns down soon." Not that I know what I'm talking about or anything, see attached daily chart. Today marks a strong down-move. Not sure whether it will go to 1.44 but just wanted to show off. Click here for latest EUR/USD chart. My prior comments about EUR being bullish above 1.50 and bearish below 1.44 still stand. Based on todays action, I lean towards shorting rallies intraday. As long as the 60-minute or 4 hour chart makes lower swing highs and lows. But beware intraday support at 1.46 and 1.44 Comments/suggestions/questions are welcome. Post your own charts, or your own trade suggestions too. We all benefit from the discussion. Discuss this chart on the TraderZine forum click here. -Neal.
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