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Euro Crosses Tread Water

Discussion in 'Technical Analysis' started by ActionForex.com, Jul 29, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    EURGBP: Near term, a drop below .7766 is likely. This decline may complete a 4th wave within the 5 wave bull cycle from .6535. It is also possible, however, that the decline extends into a new bear. A bearish bias is warranted against .8033. As the drop matures, we'll be...

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