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Expect for the small correction development

Expect for the small correction development | 14 August 2015

14 August 2015, EUR/USD

There no changes for this pair.

As we expected, bulls didn’t manage to update the local maximum and, as a result, the correction formation has probably started.

In the nearest time we shall expect for the correction continuation, after this the ascending movement will be proceeded.

I remind that the considered growth is probably formed within the wave iii [i] development.

Expect for the small correction development.

Vasiliy Lukin
FreshForex Analyst
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