January 25, 2011

EURUSD Towards golden ratio

  • EURUSD pair is in retrace mode for its fall from 1.42 level to 1.28 area.
  • price has crossed the 50% retrace area and may hit the golden ratio around 1.3740 level.
  • 1.3740 level is a price pivot zone so this may act as resistance for some time.
  • CRUDE OIL WEEKLY CHART ANALYSIS

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