Max McKegg                                                      

                  24 Rama Crescent, Khandallah, Wellington 6035, New Zealand,  Tel. 64-4-479-0983  

                                          Email :   TRL@clear.net.nz                         

28th Year as an FX Professional

March 3rd, 2013

EUR/USD – “Big Picture” Outlook:

Euro’s recovery ended last month and the Euro is now interpreted to have resumed its complex Bear Market (dating back to July 2008) for its next multi-month decline toward the 1.0800 level (see Elliott wave count below).

Updates to this forecast will be given in my daily FX forecasting service, emailed every morning (for that last two decades) to my subscribers in over 30 countries. I also cover JPY, GBP, CHF, AUD and NZD. For a 3 week trial of my daily forecasts email TRL@clear.net.nz