Monday, March 7, 2011

EURUSD Daily Wave Analysis March 2011

Referring to my EU daily analysis last month, it has being anticipated that the pair had not finish corrective wave momentum. Finally today I post my new prediction towards EU movement. While I'm anticipated of a corrective mode are still ongoing, but after the corrective mode, the movement could be bullish or bearish. I have anticipated of a bearish movement based on my calculation of price movement, but as the corrective mode are still in progress, it is best that let the wave finish first. If my anticapated are correct, the price should be able to reached 1.31400 for the first target and for the second target would be 1.25924.

Anyway, let the corrective wave end first....

Happy trading....

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I change by becoming fully aware of who I am. (Zen Theory of Existing Change)

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