Friday, August 29, 2008

EUR to rally towards 1.5130 by mid Sep?

This is from wave point of view.

EUR is rebounding from Wave C or Wave 3 lows and next move is a up move which is wave 4 and should retrace at least 38.2% of the loss from 1.6040 to 1.4570. This move should bring us back up to 1.5130 potentially.

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