The long range outlook remains the same for the Euro! We are looking for the 1.6 level to get taken out in the larger outlook. In wave (3) we now have 7 inflections up and we are looking for 9 or 13 to get registered. Based on other forms of analysis the 7th wave is often a very strong thrust and we are nearing its end.
Technical Analysis for the Serious Market Technican!
Contributors to FXStreet.com
Thursday, April 28, 2011
Eur/Usd Update
The long range outlook remains the same for the Euro! We are looking for the 1.6 level to get taken out in the larger outlook. In wave (3) we now have 7 inflections up and we are looking for 9 or 13 to get registered. Based on other forms of analysis the 7th wave is often a very strong thrust and we are nearing its end.
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