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Author Topic: Eur/Usd Upward Correction  (Read 4489 times)
pranjali
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« on: March 15, 2010, 05:45:25 am »
Eur/Usd Upward Correction
         

The pair moved higher recently, and price action suggests at least one more push higher towards the 1.3800-50 area, before a larger down-trend can be seen. A move from the 1.3434 lows can be counted as an upward corrective move of a blue wave (4), labeled as a red A)-B)-C)...
         

http://www.actionforex.com/technical-analysis/daily-forex-technicals/eur%10usd-upward-correction-20100315108844/
         
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