Posts Tagged ‘Extension’
Sell EUR/GBP On Test of 50.0 Fibo Extension
Author: Germina Lake
The Euro-Sterling pair has traded mostly to the upside in 2011, up 2.86 percent on the year so far. The pair, however, has traded in an approximate 800-pip range from early January until July 1, when it hit its yearly high, at 0.9082.
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Euro Stalls at Fibonacci Extension
Author: Germina Lake
Euro Stalls at Fibonacci Extension
Yesterday’s close was at the 100% extension of the rally from 12873 to 13456, at 13827 .
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