AUD/USD Daily Video, December 30, 2010

Sive Morten

Special Consultant to the FPA
Messages
18,648
Hi,
yesterday market has reached 100% daily Fib target, so it could turn to some retracement. At least the normal price action suggests that.
Our long-term view is still bullish, so let's see which levels to watch for possible enter:




portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.
 
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