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Euro Technical Outlook
Monday, 01 June 2009 14:18:35 GMT  |  Jamie Saettele, Senior Currency Strategist
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The EURUSD rally from 1.2886 has slightly exceeded the level at which it would be equal to the 1.2454-1.3742 rally; which is 1.4174. Equality between waves a and c are common. The alternate, in which a larger complex correction will end above 1.4723, does remain valid. RSI divergence favors a top before 1.4723.

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