Written by Jamie Saettele, Senior Currency Strategist
The EURUSD, USDCHF, USDJPY, and GBPJPY have reversed at 61.8% retracements of their prior impulsive moves. The GBPUSD rally, corrective to this point, has found resistance at former congestion. The NZDUSD may be completing its rally as an ending diagonal.
Thursday, August 13, 2009
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