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Correction has not been completed yet

10 July 2015, GBP/USD

Correction has not been completed yet

4 hours’ chart of  EURUSD. As eariler, the pair is not going through correction. The area crossed by the weekly and day Supertrend line is still the target. Once this area is reached, we expect renewal of decline, because in the middle run, the main scenario considered by us is still decline of the price with the nearest target based on the level the main level of support (0/8).

Nikolay Krishtopov
FreshForex Analyst
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