It would seem that the Fiber is ranging in an upwards trend with the next movement expected to be downwards back towards the 50% weekly Fib line (1.15300).
NFP is also coming up in a few days and expectations for the dollar are low. Is the recovery of the EURO finally happening?
Will be updating this chart regularly and doing an NFP-day update on the day.
Not
Great rebound off of the 1.17450 resistance. Scored 50 pips.
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