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Old 04-30-08, 04:38 PM
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Lightbulb British Pound/Swiss Franc Resistance Begins at 2.1250

There are 5 waves down from the October high at 2.4205. This probably comprises wave 3 of a 5 wave decline from 2.4963. Under this count, a 4th wave is working towards Fibo resistance / congestion area at 2.1249/2.1813. Expectations are the GBPCHF to work higher and reverse in this...

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