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proacttraders's Commentaries

Mar 4 2010

EU - hits the .500 fibo look for a bounce then direction

by proacttraders
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Prior to NFP it is hard to get any traction. We did get a move to the .500 fibo this AM. Looking for a bounce to 1.3636 then IF momentum enters again to the downside ans initial move back to the .500 fibo and then the .618. The S3 HSI target held at the 1.3593 level.

EURUSD1c.jpg



Tags: eurusd | currency-market-updates | currencies
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