EURUSD: Friday was spent digesting the post ECB slump and as longas holding below the mid body point of Thursday’s fallingbenchmark candle, 1.3047, at least one more should besought fulfilling the ideal target for wave 3, 1.2905.Thereafter a 1.3047 bounce should be in the cards. On alonger term horizon a wave pattern starting 1-2-3 of courseis utterly bearish and speaks of losses beyond the 2012 lowpoint, 1.2042.
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