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Elliott Wave Counts

Saturday, January 24, 2015. Case of an end to the Euro Decline. As one might expect, the Euro has sold off on the announcement of a EUR 1 Trillion Quantitative Easing program. National Central Banks will purchase EUR 60 billion worth of their respective governments debt, in amounts proportional to their capital key in the ECB. The stated purpose of this program is to fight deflation. On the QE purchases. The EURUSD and EURGBP pairs have been in well-channeled corrective declines since the 2008 tops4.

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Elliott Wave Counts

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Saturday, January 24, 2015. Case of an end to the Euro Decline. As one might expect, the Euro has sold off on the announcement of a EUR 1 Trillion Quantitative Easing program. National Central Banks will purchase EUR 60 billion worth of their respective governments debt, in amounts proportional to their capital key in the ECB. The stated purpose of this program is to fight deflation. On the QE purchases. The EURUSD and EURGBP pairs have been in well-channeled corrective declines since the 2008 tops4.

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This web page elliottwavecounts.blogspot.com states the following, "Saturday, January 24, 2015." We saw that the webpage said " Case of an end to the Euro Decline." It also said " As one might expect, the Euro has sold off on the announcement of a EUR 1 Trillion Quantitative Easing program. National Central Banks will purchase EUR 60 billion worth of their respective governments debt, in amounts proportional to their capital key in the ECB. The stated purpose of this program is to fight deflation. The EURUSD and EURGBP pairs have been in well-channeled corrective declines since the 2008 tops4."

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