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Tuesday, September 29, 2009

Elliot Waves

Posted by Harmain at 4:08 PM

Former support is now potential resistance in the 1.6110/65 zone (1.6050 is also potential resistance). Watch for resistance at the top of a potential channel as well (drawn a line across recent lows and extend a parallel from the 9/23 high in order to construct this line).

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