Good afternoon guys.
Looks like I missed the nice drop this morning, but I finally got some regular sleep and didn't stay up all night smoking crack forex. So
We found some nice support on the 61.8% Fibonacci Fan Line this morning, and are looking up for a retest of the 50.0% Fibonacci Fan Line and possibly the 23.6% Fibonacci Retracement Level.
As of the time being we seem to be in a range, similar to last weeks, but on the higher end of the Mid week pivot. Where last week we were inbetween 1.31 and 1.33, this week seems to be 1.33 - 1.34, how high we will push on that 1.34 range has yet to be seen.
Currently Long @ 1.3313, target is 50% Fibonacci Fan Line, general range of 1.3365.
H1
http://i54.tinypic.com/dokrdj.png
Looks like I missed the nice drop this morning, but I finally got some regular sleep and didn't stay up all night smoking crack forex. So
We found some nice support on the 61.8% Fibonacci Fan Line this morning, and are looking up for a retest of the 50.0% Fibonacci Fan Line and possibly the 23.6% Fibonacci Retracement Level.
As of the time being we seem to be in a range, similar to last weeks, but on the higher end of the Mid week pivot. Where last week we were inbetween 1.31 and 1.33, this week seems to be 1.33 - 1.34, how high we will push on that 1.34 range has yet to be seen.
Currently Long @ 1.3313, target is 50% Fibonacci Fan Line, general range of 1.3365.
H1
http://i54.tinypic.com/dokrdj.png