After the bottom at 1.4215 the Eur/Usd formed a X5 reversal pattern and headed lower ´till 1.4025 on 1/21/10

The market bottomed at the 5XZ 1/2 down target .

Forecast :

A upmove till 1.4259-1.4382 will take place.

If the Eur/Usd stays above 1.4259 a upmove ´till 1.48 is still possible -If not a larger downmove ´till 1.34 will take place.

Chart: Eur/Usd ,X-Sequentials 60 Minute Chart


yours sincerely ,

Devin Sage