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Growth has started

09 July 2015, EUR/USD

Over the last period Euro has been under a strong pressure and now it moves to consolidation.

Though it is too early to expect an ascending impulse now because negative fundamental factors are still here.

To feel more confident, wait for a beginning of correction and open Buy positions on a pullback.

The main scenario considered by us is still the same, we expect development of the wave iii of an ascending impulse .

Growth has started.

Vasiliy Lukin
FreshForex Analyst
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