Thing of Beauty:EURUSD

Published on Sunday February 7th, 2010 at 02:42AM by MomentofPower

If wave I of wave 3 hase ended, we should see wave II correct itself as price rises higher. However be prepared for wave II to be short lived ending around 1.38(fib level 38.2) Once wave 3 has begun, downside movement will be powerful as wave III of 3 usually are, escpecially one of this magnitude.

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