Friday, January 2, 2009

Euro vs Usd Quick Update 4H


Just a quick update about EU as per requested. Overall, I'm looking forward for any possibility towards the bullish continuation trend either to complete a double top truncated wave 5 (white) or an impulsive wave 5 in yellow. As long the lower red trendlines is remain intact, I believe we shall another bullish continuation trend scenario. Otherwise if the lower red trendline and if later the fibo retracement 61.8% is taken, then the alt count in magenta is in favour. Good luck.

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