Euro Correction Unfolding

Filed Under (Forex technical) by on 04-07-2008

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As we noted yesterday, “The next ’significant’ move should be back to 1.57 (at least). As such, lighten up on longs at this point.” The downward move is unfolding but we continue to believe that it is corrective in nature. As such our bias remains to the long side.

Original post by http://www.forex-registry.com/forex-articles and software by Elliott Back

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