General Longterm Overview for 08/01/2014:
Complex corrective cycle looks to be completed and 38%Fibo provided the support for the last leg of wave 2 black. Breakout above 0.9300 is needed to confirm the strength but full confirmation comes with parity breakout.
Support/Resistance:
0.9130 – Techncial Resistance
0.9300 – Technical Resistance | 23%Fibo
0.9456 – Technical Resistance
Trading Recommendations:
Buy the dips folks.
🙂
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