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Short correction pause

13 August 2015, EUR/USD

The pair went up at least.

Obviously this was the beginning of the wave iii of [i] of (iii) of the ascending impulse.

However, before continuing its movement buyers have to take a short pause in regard of the short-term correction on the small wave levels.

In this case the continuing growth of the impulse wave is expected after the small decline of the pair.

Short correction pause

Vasiliy Lukin
Analyst of «FreshForex» company
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