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dalcindo

12/16/09 4:16 AM

#1837 RE: dalcindo #1832

Re: XEU:USD - Watch for significant rally per daily chart.

Technically, a sustain breakdown in the pair has brought secondary indicators to taut ovrsold areas.

Between the 25 NOV peak @ 1.5144 and 15 DEC low @ 1.4503 would have Fibonacci place his grid at the following significant levels, IMHO:

38.2% = 1.4747

50% = 1.4823

61.8% = 1.4898

- Dalcindo