http://www.yellowfx.com/eurusd-forec...l-analysis.htm
"On the monthly chart of EURUSD currency pair we have drawn a monthly Fibonacci level from October, 2000. We can see that Fibonacci 50 level of October 2000 is just around 100 pips away from the current position. Market is strongly bearish for the EURUSD currency pair. Team YellowFX expecting that market will break this Fibonacci 50 level that is 1.21300 level. We will go for short on this pair but we want to have a pause of 1.21300 level and after the break of 1.21300 level we will again go for short on this pair."
"On the monthly chart of EURUSD currency pair we have drawn a monthly Fibonacci level from October, 2000. We can see that Fibonacci 50 level of October 2000 is just around 100 pips away from the current position. Market is strongly bearish for the EURUSD currency pair. Team YellowFX expecting that market will break this Fibonacci 50 level that is 1.21300 level. We will go for short on this pair but we want to have a pause of 1.21300 level and after the break of 1.21300 level we will again go for short on this pair."