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Sunday, July 18, 2010

EURUSD Hour 4 Wave Analysis



EU on bullish trend. Continue to rised up from the previous week. With the target area of 1.3131 to complete the wave iii, the figure estimated look beutiful. If the wave continue with the bullish trend, then the second target area will be 1.3462. Anyway be caution with the corrective wave, a long corrective wave will be anticipated as the impulsive wave are quite strong, tendency for complex sideway are very much anticipated.

Happy Trading....

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