Two months of regullar corretions

FX:EURUSD   Euro / U.S. Dollar
In last two months we could se nice correction relations in downtrend. Three simmilar corrections before strong swings (green rectangles), and lately two same sized corrections (red squares) - last one has additionaly ended at 23,6% of whole move and 78,6% of last impulse. Some says that todays down movement was cause of Cyprus.. I say that cause of market geometry and overbalance rule.


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