Tuesday, March 13, 2012

FIBONACCI - TODAY

EURUSD bounced off the 50% retracement line but we are yet to have a go to SELL as SCHAFF is still more of BUY, I advise a wait until we see what price action will bring in the next few hours.


USDCHF also has inverse situation to the EURUSD, a bounce from 50% level.


AUDUSD reacted at the 38.2 retracement point and the SCHAFF still not in support of the SELL so its good to wait.


Happy Trading.

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