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Trade Update

Trade Update

2010-05-10 15:57:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:
There is no change to my outlook for additional EURUSD weakness over the next several weeks and months. 13365, the high for May thus far, is the level that I am bearish against. The next objective is 12000, which is the 100 percent extension (where the decline from 13695 would equal the 15149-13267 decline in log scale).

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