EUR/USD Forecast 10/13/2015

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201510.13

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EUR/USD Forecast 10/13/2015

(EUR/USD) is working through a wave of short term bullish energy. This is in conflict with the deep time-frame bearish energy that continues to build. We are waiting until we can get a reading with price within the ivory zone as indicated on the chart. Intra-day traders might want to stalk the long side as price breaks above the 9/18/15 highs as it is likely that price will “zoom” as that point is breached.

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