FXbootcamp-David Pegler London Outlook 05/22/2009
Hey everyone, it’s been an exciting few days for the dollar. We have broken some important longer term levels for the Euro USD however we are severely extended. The risk reward of a sustainable long at this point is tough to manage therefore I am looking for a good buying opportunity on a pullback; I employ Fibonacci extensively today as well as visual support and resistance. Good luck and I hope you enjoy the video.
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