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Saturday, October 3, 2009

Saturday Update

The Ichimoku and the Volume by Price is indicating nearby support at about 1005
Chaikin Money Flow, Stochastics, and Williams A/D are showing an oversold condition.
The EW count is looking for one more small wave five down.
Fibonacci Ratios indicate a bottom near 1019
Pivot Point Support 1 is at 1019.91

Analysis presented on this Blog has only informational, and educational purpose, and does not represent a proposal for buying or selling currency contracts.

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