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Tuesday, December 06, 2016 10:43:50 AM
Yep, I had one over a week ago I posted on EU but here it is again as it stands now Jav. The Elliott wave count pattern suggests that EU is headed back up to the top trend line to complete the final "E" wave in a large Wave 4 consolidation pattern. After that, it's likely to fall apart and head down to just below parity...somewhere around .9980. After that, it's due for a long term bounce back up.
EU Weekly Chart...
EU Weekly Chart...
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