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Euro Correction Unfolding

Discussion in 'Technical Analysis' started by ActionForex.com, Jul 4, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    As we noted yesterday, “The next 'significant' move should be back to 1.57 (at least). As such, lighten up on longs at this point.” The downward move is unfolding but we continue to believe that it is corrective in nature. As such our bias remains to the long side.

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