Tuesday, May 25, 2010

EURUSD - Daily - More 'Sideways' Action Likely

More sideways action likely for the coming 2-3 months.
Wave iv of 3 = Max upside to 1.3179 (61.8% of Wave 3) // 1.3144 (Wave 1 terminal) - side ways action likely.
Wave v of 3 = 1.1946 (Wave v = Wave i).
Then head for Wave 4 (again sideways action).


Cheers.

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