Wednesday, March 24, 2010

EUR/USD: Now, take a deep breadth

The EUR/USD move (toward 1.3406) this morning wasn't confirmed by other currencies neither precious metals. Looking closely at wave structure I consider the 1.34 as a very likely bottom of the 1st minute wave of 5th intermediate (1st primary). The target rage for the correction's end should be within 1.355-1.369.

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