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Tuesday, November 2, 2010

EUR/USD - The triangle could be done


The triangle could be done, but we need a break above 140.11 to confirm, that wave 5 up is under way. As long as 140.11 stays firm and proctects the upside one last decline to 137.95 can't be excluded.
If wave is done already and 140.11 gives away directly, then wave 5 could extend to 143.22.

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