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Home ยป Forex Trading: EUR/USD may have temporarily bottomed out on a longer term chart...

Forex Trading: EUR/USD may have temporarily bottomed out on a longer term chart...

Posted by Michael FX on Fri, 04/25/2008 - 1:02am in

EUR/USD may have temporarily bottomed out on a longer term chart, as the previous low of 1.5636 was a 1.236 extension of the 5th wave as shown. It looks like EUR/USD may enter into a corrective wave cycle.

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