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Wednesday, February 10, 2010

EUR/USD - Time to begin wave 3 of red circle wave 3



My prefered count shows that wave 3 of red circle wave 3 is about to begin taking EUR/USD down to 131.16.

Remember that wave 3 of 3 is very powerfull and relentless in its personality.

If my count is correct then we most likely won't see a bail-out of Greece. At least not from its Euro partnes, but as Otmar Issing says maybe the IMF is a better idear

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