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    MarcinO
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    Starting it off.
    Last week Euro didn't make it above 1.14, starting a correction as expected. 1.12 (+/- 10 pips) is a very strong support level and I'd assume it will work.
    In case of troubles I have two more levels at about 1.1120 and 1.1060.

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    rat89
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    fibs at line.....line at fib.....say what you see!

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    MarcinO
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    (Edited )
    The Euro is just under the area posted yesterday. I thought it would get there before American open, when the confluence on the lines gave the tightest possible PTA, but now the lines are spread out between 1.1360 up to 1.1390.
    The heart of the area is still 1.1370-80.
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    MarcinO
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    1.1385 and no signs of selling. Pretty amazing as this area is really strong.
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    MarcinO
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    Okay. 1.1387 might have been it.
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    MarcinO
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    Correction to 1.13 would be perfect.

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    rat89
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    MarcinO
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    It's on the key price flow now, at 1.1355.
    No clais it will make it to 1.13, but the harmonicity in the correction confirms that level so far.

    Originally posted by MarcinO

    Correction to 1.13 would be perfect.

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    rat89
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    MarcinO
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    Euro is in a frenzy mode! 1.1430 will be hit soon, but I count on 1.15 and above to be tested today.
    JI
    jimkane
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    It's all part of the plan, the low 120's plan, and then the descent to the end of the Euro as a currency and the end of the EU. I have to say that I think the Euro lately is the 'easiest' trading I have even seen, as easy as the ES on the best days I have ever seen it. No claims, but it's like having an open invitation from the bank to go into the vault, take whatever you want, day after day, and they will also loan you a pickup truck and a wheel barrow, too, and maybe even throw in a few guys to help you out. It's that easy right now in my opinion. Heavily one-sided markets with persistent trends usually are... Enjoy it while it lasts, I think the end is getting closer.

    Armstrong's view is similar:
    http://armstrongeconomics.com/archives/30439
    JI
    jimkane
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    (Edited )
    And it's still rising in the Friday after-session. It just hit... 20.25. Uncanny, huh? I'm thinking so. Not me, the tools. The universe. Just amazing.

    Originally posted by jimkane

    20.50-22.00 would be the area if they wanted to fall shy of taking them out.