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    EUR/USD: wave analysis on 04.06.2015

    Presumably, the fifth final wave within an ascending wedge continues to develop. Apparently, the first wave (i) of v has finished forming as a local impetus. If the presumption is correct, the pair may logically resume rising to the levels 1.1465–1.1650 after a local correction (ii). The level 1.0880 is critical in this scenario.

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