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Tuesday, November 17, 2009

Fibonacci Confluence

There appears to be a Fibonacci confluence near 1114.42. I would advise waiting until confirmation comes from the Andrews Pitchfork, The Ichimoku and MoneySpy. But I have a feeling the market may turn near 1114.42 tomorrow.

If that Fibonacci area is passed by then 1128.42.

Analysis presented on this Blog has only informational, and educational purpose, and does not represent a proposal for buying or selling currency contracts.

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