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zhipengcfel
Feb 20, 2016 1:52 PM

Elliott wave analysis on EURUSD Long

Euro Fx/U.S. DollarFXCM

Description

EURUSD seems getting supported at the support line and bearish bottom channel. From Elliott wave analysis the ABC wave will be retraced following.

As long as the support line does not break, the EURUSD might go up to 1.21. If the support line breaks, it will go quickly down to 1.00.

Good luck for everyone!
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