Elliott Wave Analysis of EUR/USD 10 Nov 2010

How fast time flies! It’s been nearly six weeks since I presented you with Elliott Wave Analysis, and the EUR/USD has come a long way. During this period, the third wave had extended to slightly over 4.618 times the first wave, and we are currently in a corrective wave 4. Look out for one final move higher to complete this sequence and then be prepared for another move down. Here are your charts. I have attempted to show how the waves counts have been labelled by me, so that your learning experience is enhanced. Enjoy!

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