Wednesday, September 3, 2014

EURO/USD Intermediate Prediction

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EUR / USD managed to come down after a pennant pattern worked perfectly. Currently we see the formation of the falling wedge pattern of accumulation with further strengthening in 1.3218. BUY position is recommended to be taken during the swing does not form a new low below 1.3109.

Strengthening of the EUR / USD will continue until 9 September 14 and meet new peak on that date.

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