ABCD pattern UP for EURUSD

Playing with cycles lines and fibos channels, i found HH and LL levels in exactly each cycle (black and red lines)...the next red line (LL levels) is for 09-01-2014...so as i see price could reverse at 1.3550 or as second option go for 1.3480 (low line of blue Up channel) and go UP. Must see with the news today and friday. Happy trading for all.

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