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Look back over the past, with its changing empires that rose and fell, and you can foresee the future too.

— Marcus Aurelius

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Wednesday, April 25, 2012

EURO

EURO weekly

recent action shows similar pattern to that between April and August 2011.  Will it resolve in same way?  I.e. DOWN?



The daily chart shows what appears to be a TRIANGLE or Head and Shoulders formation

Upper boundary around 1.3270

Lower boundary 1.30 (neckline, base triangle)



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