Daily Elliott Wave Forex Forecast-4-August-2010

Title: EUR/USD – Bullish Trend
Story: EUR/USD currency pair hit my sell zone. I am now expecting sideways price action and possible decline. Currently, the trend is bullish so we could still get some choppy rally. As long as price stays above 1.3145 support level, the trend is bullish. A break below 1.3145 will end current up trend.
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