The c=1.61 of the a @ 1.3075
And you can see that the last leg down, very possibly a 3 down, has been retraced 62%
If the Euro has new lows ahead if it ,this is where it should reverse from. Target 1.12.
A Discussion of Technical Analysis, Elliott Wave Theory, and Fibonacci Ratio's focusing on Energy Mkt.s Crude, Products, and Natural Gas. Occasional Fundamental Analysis, Energy News and Rumor.
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