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  • EURUSD Within Downtrend – Elliott Wave 0 comments
    Nov 21, 2013 8:02 AM

    EURUSD has finally turned bearish after very complex and slow recovery from 1.3293 low. We believe this is a corrective move that is now showing signs of completion around 1.3576. The reason is latest sharp decline through the lower support line of a corrective channel which is important break for a continuation in the direction of a trend, which is down. We expect a revisit of 1.3293 in the next few days.

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