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Thursday, November 21, 2024

Dollar Fibonacci Retracement – 5-13-2011

Courtesy of Jean-Luc Saillard.

And to match the euro Fibonacci retracement, here is the opposite chart with the dollar using the lows of October and the highs of January as anchors. The red dotted line is a regression channel for 2011 and we are against the top line now!

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