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maxw3st

EU will have a decision making point

Short
Euro / U.S. Dollar (FX:EURUSD)  
maxw3st Updated   
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Wave Analysis Gann
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trendanalysis waveanalysis gann
EU has begun a decline from the 1.2011 high. Today it put in what may be a lower high. It may or may not revisit the 1.1920 area. Either way it will end as a lower high in the topping formation. If the ATM bullish model is in play then I will close shorts and go long to the high (probably around 1.19—1920). If the down trend continues after a retrace of today's drop then the immediate target (not TP) becomes the formation low at 1.1695.
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