First a regression channel for 2011. We are now at the bottom of the channel which should provide some support.
And now for some Fibonacci lines - using the 2001 low and highs as anchors. As with the regression channel, 1.41 seems to be a good support level. At least temporarily.
And finally, a Fibonacci regression using the previous highs of last October and the lows of January as anchors. Once again, the 1.41 line is significant.
No comments:
Post a Comment