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Euro / US Dollar 05-24

Euro / US Dollar 05-24

2010-05-24 15:25:00
Jamie Saettele, CMT, Sr. Technical Strategist
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 DT-10-05-24-EURO

The extraordinary long term bearish picture remains intact as per the EURUSD count shown above. Strength to the 61.8 retracement above 12700 remains possible. If the decline from Friday’s high extends into an impulse, then I’ll look for a short entry. Stay tuned to the Forex Stream for entries.

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