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Dollar is retreating

03 June 2015, EUR/USD

The growth, which had been expected for so long time, has happened at last.

Fibonacci level 61.8% performed just fine and from this very level an upward movement has started.

I will remind that development of the wave [iii] of (iii) of ascending impulse has boosted this upward movement.

So, from now forth the pair is expected to move up, there is a very good potential for that.

Dollar is retreating.

Vasiliy Lukin
FreshForex Analyst
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