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FX.co ★ EUR/USD wave analysis for May 26, 2011

EUR/USD wave analysis for May 26, 2011

EUR/USD wave analysis for May 26, 2011

The EUR/USD is still forming an upside correction. At the same time, the development of the estimated с wave in the B is becoming quite complicated. In this relation and given the indicated inner wave dimension of this с wave in the B we might assume that the targets for current growth of the euro might be located in a quite wide range between the levels of 43 and 44 figures.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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