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I personaly think he will be a looser in the intermediate term scope, dollar is currently completing a large bearmarket correction which started from the bottom in february 2004, this correction is not yet completed and the Dollar will move higher in the next 3-6 months.
Opposite ofcouse holds true for the Euro, it is correcting in a bullmarket and should drop to atleast 1.14 in price before continue its longterm bull climb.
Ofcouse nobody knows the future, but this is what Elliott Wave Theory say's is the most probable outcome for the Dollar and Euro.
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