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    EUR/USD: wave analysis on 09.03.2015

    The European currency is under pressure. Downtrend continues

    The fifth final wave continues to develop within bearish trend. The third wave (iii) of v of 5, within which, apparently, the third wave of junior level iii of (iii) is extending, continues to form. If this assumption is correct and the price does not break the critical level 1.0980, the pair will continue to decline to the levels 1.0750-1.0650.


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