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Tuesday, July 5, 2011

EUR/USD - Nice rejection from resistance

The resistance zone at 145.54 to 145.62 rejected the test nicely and we should soon see the next leg lower towards 143.23 as the minimum, if we are looking at wave "E" in the triangle and much deeper if we are in wave iii down.





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2 comments:

  1. AlesundJuly 6, 2011 at 1:33 AM

    Welcome back! I missed this site a lot while you were gone. Are you able to do a gold and silver analysis at some point soon?

    Thanks for the great charts!

    A

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  2. Elliott wave surferJuly 6, 2011 at 3:47 PM

    Hi Alesund

    Thank you!

    You bet I will. They are posted on the blog.

    Regards
    EWS

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