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    EUR/USD: wave analysis on 09.04.2015

    Supposedly, the third wave of bullish trend is forming currently. Apparently, a local counter-trend impetus in a form of wave (i) is completed and the local correction is nearing completion within the wave (ii). If this assumption is correct and the price does not break the critical level 1.0710, it's logical to expect the pair to continue rising to the levels 1.1300-1.1600. An alternative scenario may suggest the formation of the second wave of senior level in case the level 1.0710 is broken.


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