Thursday, 22 December 2011

EURUSD ready to fall.....

This is my favorite short term count for eurusd....a steep decline is expected soon if my count is correct. As said yesterday there was an impulsive decline from 1,32. It stopped at around 1,3025 and started a correction that ended today between 50%-61,8% retracement. I favor short positions with a stop at 1,32.

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