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With the ECB out of the way, where......>

EURO-DOLLAR
EURO-DOLLAR: With the ECB out of the way, where does EUR/USD go next? On a
weekly chart, a clear Elliot wave is forming, starting a minor cycle in Jan'17
at approximately $1.08. The latest subminuette wave hit its 4th price movement
at around $1.2150 in early March and that, as well as the intermediate price
movement, suggests the EUR/USD rate has further room to run before entering a
deeper correction once the 5th movement (both intermediate and subminuette) has
completed. This would suggest a move back up toward, and potentially beyond, the
$1.25 handle.
See full chart here: https://tinyurl.com/yd6r7rsb

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