General Overview for 28/11/2013
The corrective sructure of ABC ZigZag Green in wave 2 red lokks finished. Moreover, the downside progression has retraced 78%Fibo and slighty reversed so far.
As long as there is no nwe low bias is bullish and first level to confirm is Weekly Pivot breakout.
Support/Resistance:
0.9015 – WS1
0.9077 – 78%Fibo
0.9233 – Weekly Pivot
0.9253 – 0.9282 – GAP ZONE
0.9321 – WR1
Trading Recommendations:
As long as there is no new low: breakout of 0.9140 opens the road to 0.9205 and 0.9233.
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