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EUR/USD: wave analysis on 05.03.2015

The fifth final wave within bearish trend continues to develop. The third wave of junior level is currently forming; the third wave iii of (iii) is nearing completion within its borders.   If this assumption is correct and the price does not break a critical level of 1.1220, the pair will continue to decline to the targets 1.0950-1.0800 after local correction.

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