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| EURO Dollar Forecast 05-15-12 |
I commence with my gratitude to The Creator
Back on 05/08/12, I had forecasted that EUR shall continue its decline, while some were suggesting that 1.300 shall offer support. I had predicted that it shall fall to 1.270 levels and even further in due time. Today, EURO has reached said 1.270 levels and also, touched certain support levels which shall offer support. EURO decline is reached 161.8% extension previous leg ‘AB’. Furthermore, it has approached my time/price time cycle line in blue color.
Hence, EURO shall find reasons to bounce from hereon. Therefore, confluence of price and time shall offer a support for EURO.
THE MOST ACCURATE FORECASTING OF FINANCIAL MARKETS
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