Excerpt from:  Forex Newsletters
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October 20, 2008

Elliott Wave Breakout for EUR/USD

Rangebound markets in currency trading on the FX market
Elliott Wave and EUR/USD
Right now, we're seeing some rangebound markets in currency trading on the FX market. However, an Elliott Wave breakout has been identified for EUR/USD at 1.3450. Action Forex has this chart illustrating the key for possible wave B pullback area to Fibonacci 61.8%.


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Topic Tags:  ccurrency trading, currency trading FX market, Elliott Wave, EUR/USD, Fibonacci, FX market, rangebound markets

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