Jun 26, 2013

Short term update

UPDATE: the last minor low is now 1594 this is the level to watch for a short term reversal.

In the middle of the resistance zone 1598-1608 hitting 1603 and EMA50 on the hourly chart.... do not get greedy take profits. There is high probability that this is the top for the bounce but we have no confirmation for now.

Current scenarios...

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