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    EUR/USD: wave analysis on 25.01.2016

    A growth possibility remains.

    Assumingly, the third wave 3 of the senior level continues forming. Locally, a correction within wave (ii) of iii seems to be finishing and if the assumption is correct, in the nearest future the pair continues growing within the third wave (iii) towards 1.1150, 1.1250. Critical for this scenario is the level of 1.0710, a breakdown of which would allow the pair to fall to 1.0630.

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