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Tuesday, March 25, 2014

Elliott wave analysis of EUR/GBP - Short term count

EUR/GBP

I still think the best count is that a flat correction as wave iv is unfolding and if this is the case we should soon see wave c of iv lower towards 0.8316 before the final Fifth wave higher towards at least 0.8415 and likely even higher towards 0.8473 to end wave 1 of one higher degree.
Short term a break below 0.8378 is needed to confirm downside pressure in wave c.

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2 comments:

  1. ToddMarch 25, 2014 at 3:24 PM

    Hi EWS,
    Do you think AAPL is in a final wave up now?

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    1. Elliott wave surferMarch 26, 2014 at 9:26 AM

      Hi Todd,

      Yes I think Apple is in its final wave higher towards the 620 area.

      I will update the blog today.

      Kind regards
      EWS

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