Euro Targeting 13800/30
Prepared by Jamie Saettele
Friday’s fake out was diabolical and this secondary top is proving elusive. The 61.8% retracement of the decline from 14282 does continue to hold on a daily closing basis but the next measured level is the 100% extension of the rally from 12873 to 13456, at 13827. Do not forget that the rally from 11875 is in 3 waves, which favors the downside.
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