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Saturday, July 4, 2009

Flizu.com

Forex seen by a newbie

The euro / dollar trend is down as long as price is below channel resistance and 1.2861 specifically. Still, until a break of the large range (1.30-1.23) that has held since late October, confidence in directionality is low. For now, I am sticking with the triangle count (4th wave complete).

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