Following a third wave leg completion for a highly powered bullish momentum; there are indications showing the pair might just have bitten the much of the bull it can take. This is resulting from the Gann square of nine signal indication for this bull market that begun on the 8th of July, 2013.
If all conditions are met and the USD begins to regain momentum, we should expect according to Gann trading instrument- that the pair makes a full SWING down to 0.7764. If this tends to be so, then the market would near completion for this cycle on the 12th of December, 2013. However, we expect prices to temporarily fall to 0.7988 on a short term cycle.
NOTE: Price predictions produced by FibonacciPrice&PatternTrader may be affected by unforseen events like hurricane, earth quake, flood and other natural disasters consequently changing price patterns already predicted. Hence we advice strict adherence to money management techniques.
HAPPY TRADING
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