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The euro still has a chance of success

31 July 2015, EUR/USD

The euro continued its deliberate decline.

However, it says nothing .

It is possible that the wave i of the emerging upward impulse has been formed, whereupon expected decline began because of the development of wave ii.

Thus, in the future, if this assumption is correct, we could expect impulse growth associated with the development of wave iii.

 The euro still has a chance of success.

Vasiliy Lukin
Analyst of «FreshForex» company
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