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Correction is still developing

Correction is still developing | 22 July 2015

22 July 2015, EUR/USD

Meanwhile, the pair completely follows our scenario.

Following to a short decline, the price continued to grow. Then it started to correct within the frames of an emerging double zigzug.

So this growth turned to be short and in the nearest time we shall expect renewal of decline. This drop will eventually form the wave (ii).

Correction is still developing.

Vasiliy Lukin
FreshForex Analyst
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