LiteForex - Analytics


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    EUR/USD: wave analysis on 09.06.2015

    Supposedly, the fifth wave in a counter-trend wedge of senior level is forming at the moment. Apparently, the fifth final wave is developing now, but there's a possibility of the development of the last diagonal triangle. Locally, we can see the completed fourth wave of junior level (iv) and the fifth wave (v) developing with a minimum target at 1.1465. The level 1.1040 is critical in both scenarios.



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