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| EURAUD appears to be completing a massive corrective wave after the initial thrust upward. It may still have slightly lower to go but should not exceed the origin of wave 1 at 1.2927. If this level holds we should see a Wave 3 Green take prices well above the highs at 1.4250. Very good risk to potential reward. |
Friday, September 9, 2011
EURAUD Ready to Bounce?
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