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Daily Technical Briefing: Euro Testing All-Time High against Dollar

Discussion in 'Technical Analysis' started by ActionForex.com, Feb 1, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    We maintain that a triangle is underway and that the next leg of the triangle is lower in wave e. This would complete larger wave 4 before the thrust higher in wave 5 through 1.50. Look to get bullish near 1.4575/1.4600 (the 61.8% of 1.4362-1.4910 is at 1.4571), against 1.4310,...

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