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EUR/USD: Wave analysis on 06.02.2015

Presumably, the downward impetus has finished developing on a daily time frame. The pair is currently growing and a counter-trend wave in a form of diagonal is developing. If this assumption is correct and the price does not break the critical level 1.1300, the pair will continue to rise to the levels 1.1560-1.1724. Otherwise, the price will continue to decline to the levels 1.1000-1.0950 after breaking a level of 1.1300.

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