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EUR/USD: wave analysis on 01.06.2015

Supposedly, the fourth wave of senior level iv, which is currently zigzag-shaped, is completed. Apparently, a counter-trend wedge in a form of first wave of junior level i of (i) has formed locally. If the presumption is correct, the pair may logically resume rising to the levels 1.1200–1.1465 after a local correction. The level 1.0814 is critical in this scenario.

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