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    EUR/USD: wave analysis on 22.07.2015

    A growth is expected.

    Assumingly, the "bearish" correction of the senior level within the wave 2, which currently has the form of a zigzag, has formed. Locally, as it seems, a small starting impetus has formed; and, if the assumption is correct, after the correction the pair will continue growing towards 1.1200-1.1400. A critical for this scenario is the level 1.0800, the breakdown of which would allow the pair to continue declining towards 1.0700.

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