AUDJPY at 261.8 fib expansion level
Together with the previous high at 102.00, we might see some resistance before price is able to clear.
FX is steeped in the use of Fibonacci levels. The A-B-C reveral pattern of higher-low is also a 50% retracement level.
Posted on June 11th, 2008 by Soh Tiong Hum
Filed under: Technical Picture | No Comments »
