a17nphotography

another Fibonacci extension level ?

FX:EURUSD   Euro / U.S. Dollar
0
I just read an ebook about Fibonacci level, and i find out about another important level in fibonacci extension, its 1.272 (or 1.27) and i find it in daily EUR/USD chart (wave 4) as a support. What do you think about this 1.272 ?

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