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Friday, December 4, 2009

USD - Index relabling



The prolonged sidways action since the 74.26 low does not fit into a five wave fall, therefor I have relabeled it to a double zig-zag where wave B is just about to end.
I still expect one last decline to near the 74.00 area, before the bottom i s finally in place. Only a direct break above 75.10 would alter that view.

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