22nd Nov - Wheat Still Trying to Recover
22 November 2014
MONTHLY CHART –
CONTINUATION:
The 2012-2014 downmove
recently reached the area of the
long term 76.4% retracement.
Support is currently trying to
establish here.
DAILY CHART – Dec-15:
Recovery from near a Fibo
projection at 470.00 has the
593.00 38.2% retracement in its
sights now. This combines with
the 587.25 Jan low and Jul/Aug
congestion area to provide
potentially tough resistance to
overcome.
A break above this would give the
bulls a boost.
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23rd - EUR/GBP – Long Term 61.8% Support Under Pressure 
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14th November - Oil set to follow Gold much lower