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Thursday, January 7, 2010

EUR/USD - Minor wave iii of 5 is underway to 141.20



After reviewing my wave-count yesterday I changed it to a ongoing black circle wave 1wave 4 ended at 144.78 and wave 5 is currently ongoing. If we go down one degree wave ii of 5 ended in Far East trading at 144.46 and wave iii should ideally decline to 141.20, before some kind of flat or triangle wave iv sets in.

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