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Back Fundamental analysis
Euro Currency: Weekly Preview
The euro has been trading very
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The euro has been trading very technically in recent weeks, following wave patterns. Recall that a five-wave impulsive downward structure was first constructed, after which a standard three-wave correction was formed. It is also worth noting that an ideal scenario for any trader is such a clear wave structure, rather than complex formations that constantly become more convoluted and supplemented. Currently, the EUR/USD instrument is at a crossroads. Either a new downward wave set will begin to form, or the
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Chin Zhao,
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