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Wednesday, January 26, 2011

EUR/USD - Top in place?

If the bearish case should continue to be the preferred count a top should be in place with the test of 137,03 in early North Amarican trading. A break below 135,70 is needed to confirm the top and the next decline.

A break above 137,85 would change the picture to a much more positive one. I will post this scenario later today.

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