An interesting Fibonacci time relationship currently exists in the EURUSD. The all-time high was in July 2008. The next significant low was 3 months from the top in octover 2008. 5 months from the 1.6000 top would place us in December 2008 - which was the next top. 13 months from the top would be August 2009 (last month and quite possibly the next major top). The next Fibonacci number, 21, forecasts the next major low in April 2010 (21 months from the top).
