TODAY ON FIBONACCI - EURUSD

This is enough retracement to start thinking BUY but we have to wait for the 15min TMASlope to confirm this. Good to watch EURUSD.

EURUSD

Good to pay attention to EURUSD price action. Price retraced to the 50% level and good to watch the schaff for any possible BUY.

FIBONACCI - TODAY

EURUSD bounced off the 50% level and schaff gave a SELL signal, been down by about 20pips today and still on. Let's watch.

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.