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Tuesday, August 24, 2010

EURUSD Hour 4 Wave Analysis

As the wave are not yet finish, therefore we can only anticipated what would impulsive wave ended. The first target for wave 5 is at 1.2592, if the resistance 1.2592 breach, then the next target would be 1.2550. Following the wave 5, the wave a will be 1.2907 for first target and the second target will be 1.2849. And barely expect an sideway as this is a corrective for a corrective wave.

Happy Trading......
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