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Euro

The decline in eurusd seems to have corresponded closely with the delta pattern shown in earlier posts. The bottom came Monday morning, March 24 near the end of Asian session. The low at 1.5340 was 6 pips from the projected target at 1.5334.
080325-0702-eur2hr.gif
So far slightly more than 50% of the impulsive delta wave move has been retraced.
080325-0702-eur2hr-a.gif
See early charts of this move here and here.

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