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The Daily Wave Analysis , Feb 19 2013

Daily Forex Technicals | Written by Admiral Markets | Feb 19 13 02:10 GMT


The Daily Wave Analysis

Currency pair USD/CHF
Presumably, the Impulse (v) of [a] is close to completion . If this assumption is correct, after its completion we can expect a downward price movement in line with wave formation correctional [b] of 2.
Currency pair EUR/USD
Presumably, the Impulse [v] of A is close to completion . If this assumption is correct, after its completion we can expect an upward price movement in line with wave formation correctional B of (2).
Currency pair GBP/USD
Presumably, the Impulse (5) of [5] is forming . If this assumption is correct, in the course of the formation development we can expect a downward price movement.
Currency pair USD/JPY
Presumably, the Impulse v of (v) of [iii] is forming . If this assumption is correct, in the course of the formation development we can expect further upward price movement.

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