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Tuesday, 12 June 2012

EUR/USD H1, H4 and Weekly Elliott Wave Update

Double ZigZag is finished and we got a nice impulse wave 1 down. Now price should retrace to 50-61% of the swing (1.2559 is 50% FibRet and previous wave 4 high)  giving a relativly good oppportunity to short euro again into developing wave 3.

Seb






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