Monday, March 26, 2012

Eur/Usd : Topping

Price has followed the projected path pretty accurately, maybe rallying a bit earlier than expected, but nothing to force a change in the count. The rally now seems to be nearing a top and the downtrend is ready to resume. 1.3485 is key to the bearish count, a break above that would mean wave (X) wasn't complete yet.

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