We have finally reached the golden zone for a buy. I mentioned reaching this area in my previous post. As the week went by we saw the Dollar Index decline and this pair was doing the exact opposite of what it was supposed to do. The bulls allowed the bears to slowly bring price down to the .69300 area. That is the perfect place for a long term buy. for now i expect the pair to show signs of a retracement, followed by a strong push up. Place your buys in now cause we wont see the .70 zone for a while.
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