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Monday, June 7, 2010

EURO - FREE FALL : Will slide to kiss 1.1644 -1.1435


Above is the Quaterly -Log chart.

After hitting high of $1.60 July 2008 it had crashed to $1.23 in Dec’08 & again rallied to $1.51 level.

Looking Scary :101%

Wave 3 -Downside started

indicates it will slide upto 1.1435

1.618 indicates will plunge to 0.914 level.(Long term)

101% Panic to Continue….On Rise ,Sell Sell Sell.