EURUSD in a 6Y Retracement starting July 2008 - Long Term View

FIB Retracement drawn from Oct 2000 to July 2008.
Since July 2008 EURUSD has retraced to 0.5 FIB twice which is also a strong support level. It appears long term the price action it is headed towards 0.382 FIB around 1.3000 handle for price equilibrium.