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Forex Technicals: The Day Ahead, October 7

Discussion in 'Technical Analysis' started by ActionForex.com, Oct 6, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    There is little change from this morning's technicals, in which I wrote that 'the decline from 1.4871 is an impulse (5 waves) and indicates that a short term low likely forms soon. The ensuing advance should prove corrective.' When the advance gets underway, expect strength until at least 1.3911. This...

    complete article here...

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