Euro J

Euro US Dollar Exchange Rate Forecast

Summary: After a 3 week advance the EURUSD should resume its long term decline To review since 1 60 price has declined in a series of 1st and 2nd waves Most recently the rally from 1 2475 is wave ii of 3 As long as price is below 1 3740 anticipate a break below 1 2327 and much lower in wave iii of 3

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