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Whats really going on with EURUSD and what is the trend

FX:EURUSD   Euro / U.S. Dollar
12
Well first of all the big bear trend did not start with Super-Marios QE June 2014. It started all the way back in July 2008 and it reached a target in January this year.

I would not claim that this bear trend is over but I expect the Euro to fight its way back up to its median fair value which is roughly highlighted on the chart.

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RolandV.
Goprotraders.com
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