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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:
EUR
Discuss EUR in this thread
Nov 13, 2013 17:35
In reply to Sir Ignore's post
preferred count says should make the 1.3500/3560 area but its been so weak past few days of trying to rally !
EU now making further progress. In addition to above potential targets for significant reversal we should include the previous wave 4 pivot at 1.3546. Since this move up from the 1.3295 low is correcting the entire move down from 1.3830 we need to see more time so its perfectly possible the move could extend up to the 61.8% level at 1.3626. Catching the eventual reversal reasonably well is probably more important than climbing up the remaining hill, puff puff.