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Back Wave analysis
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Back Wave analysis
EUR/USD Analysis – June 10th: The Euro Seeks Support for Further Growth
The wave pattern on the 4-hour
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The wave pattern on the 4-hour chart for EUR/USD has undergone some changes. There is still no reason to talk about the cancellation of the upward trend segment (lower chart), which began in January of last year; however, the trend structure has now taken on a corrective form. From a long-term perspective, the formation of wave C can be expected, with its low likely to be below the low of wave A. At the moment, it is difficult to believe
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Chin Zhao,
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