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    EUR/USD: wave analysis on 21.04.2015

    Euro is undergoing correction. The rise in the pair will continue.

    Presumably, the formation of the “bearish” correction in the second wave has completed. Currently, it is likely that the first wave of the junior level has completed and local correction in the second wave is being developed. If this assumption is correct and the price does not break down the critical level 1.0512, the pair may continue to rise up to 1.0900-1.1000.


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