EURUSD--Sunday Evening, March 1, 2009 (2)
Interesting short term support so far turning up on a fibonacci basis, making a three wave pattern down since the high last Monday near 1.30.
Look at it two ways:
(1) After a much lower open this evening, a bounce at approximately 1.272 level below the original wave down.
(2) If that bounce holds, the two down waves will be approximately equal.
