Eur/Usd.................
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Looking for South firming to 1.18<>1.1850 with a 2nd North run to a test/break of 1.1950<>1.20 for a move North back to 1.22 basis. The Eur/Usd corrective move North is not complete as long as the US Dollar Index maintains its 91 level containment/consolidation posture...tho the Dollar's positioning from a Historical perspective is in its 1st phase of Accumulation.
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Time/Price has set current South firming at 1.1787 with a North advance to 1.1941 from a clean break of the ST50.0 Fib...moving Northward thru the consolidation Range to a test of the 61.8<>ST61.8 intersect at 1.1945 containing the advance. Looking for South base to move up to 1.1850<>1.1875 for a break of the 61<>ST61.8 Fib intersect for a North move thru 1.1950 to a test/break of the 1.1.2180<>1.1786 Range at the 50.0 Fib>1.1985 for a move onto 1.2030...enroute to 1.21<>1.22 basis.
Iris