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Euro Headed Above 1.27 Within A Corrective Rally

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June 14 2012

Euro reversed higher in this week from 1.2440 support, and did not break below former swing lows. Notice that price is actually trading sideways, which in fact count be a running triangle in wave X. So as you can see, we adjusted the wave count, but bias is the same- wave 4) is incomplete, so we are ready for even more sideways or bullish price action.




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