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    EUR/USD: wave analysis on 24.11.2015

    The pair remains under pressure.

    Assumingly, the formation of a Bearish impulse within wave c of 2 is nearing the end. Locally, there seems to be the formation of the fifth wave (v) within which the price is to form the fourth and the fifth waves of the junior level. If the assumption is correct and the price does not break down the critical level of 1.0450, the pair finishes declining in the short-term and starts growing in the third wave of the senior level.


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