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Wednesday, 19 December 2012

EUR/USD H1 & H4 Update

Right now price has extended to 1.3254 level where wave 5  is 38% of wave 1-3. This is typical target for wave 5 to finish but the Fibo  Cluster just ahead  (1.3273 - 1.3276) just makes me wonder. If this level can be hit the EUR/USD can not move below 1.3220 because that will invalidate the count.


Seb



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