Sustained Rejection At Fibonacci Cluster/Descending Trend Line

23 ביולי 2014

Following March/April Double Top Continues with Last Week's 2-Year Rising Wedge Breakdown. 2014's YTD Low From February at 1.3475 breached as well, opening path back to 1.30. Note support footholds along the way at 1.33 and 1.31 (dashed blue lines) from September and November 2013 lows.