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Tuesday, January 28, 2014

EUR/USD - Look for a impulsive decline to 1.3526 soon.

EUR/USD

I'm looking for a powerful decline to take place soon as wave (iii) of iii is about to develop. A break below minor support at 1.3653 should be able to do the trick and send us impulsive lower in wave iii towards at least 1.3526 and possibly even lower.
Short term resistance at 1.3688 should protect the upside to keep this count valid.

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