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EURUSD (Intraday)
Posted On: Jul 6 2007 3:07PM
Last Price: 1.3583




















[Bottoming, up to a new high]


What i see at this moment correction not finish yet, the larger correction scenario has proven correct. Allow for a dip below 1.3584 to complete a flat correction. (The alternative is further consolidation above 1.3584 in a bullish triangle.) The larger rally sequence is intact and I expect a fifth wave to a new high above 1.3659. Uptrend still the major movement for EU, maybe euro wanna test higher high along this 26 years. What you see and what you get adios.

trading idea.
buy @ 1.3608 tp = 1.3658.

Today's Pivot Points:
R3 = 1.3717
R2 = 1.3687
R1 = 1.3638
PP = 1.3608
S1 = 1.3559
S2 = 1.3529
S3 = 1.3480

Today's Calendar:
1- US Nonfarm Payroll 8.30 pm.

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