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EURUSD: Bearish Cycles Remains In Play-Top ↑  Our Services Video Tour Subscribe to our newsletter May 17 2013 EURUSD reversed slightly higher yesterday from 1.2840 support but not for long as recovery found resistance very soon, so it was probably just a fourth wave within larger wave 3 down. As such, our bias remains unchanged we are looking for weaker EURUSD, towards 1.2800 as a next projected target where we could see a temporary low and a wave 4 pull-back. Short-term critical level is at 1.2935 as wave four must not trade into a territory of a wave one.  (1).gif) Newsletter archive
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