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Double zigzug continues

20 July 2015, EUR/USD

A tardy downward movement of Friday continued.

In the result, a descending impulse of the shallow order is start of a second zigzug in the emerging wave [y].

So, If our assumption is correct, in the nearest time we'll see a slight growth of the pair, whereupon a decline within the frames of a specified correctional model will go on..

Double zigzug continues.

Vasiliy Lukin
Analyst of «FreshForex» company
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