EUR/USD Signal- Nov. 29, 2012

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By: DailyForex.com

Currency: EUR/USD
Method: Elliott Waves
Description: Looking to buy wave five after wave four confirmed correction at 1.28850. I expect wave v to end at 1.618 Fibonacci level at 1.30650 price point as a final move before a larger drop follow the complete motive move that started on 13 November at 1.26600 and expected to reach its highest at 1.30800 technically. Lets buy and watch this critical move toward its target.
Recommendation: Buy and Hold
Stop Loss: 1.28500
Target: 1.30650

EURUSD Signal 112912

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