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Horizontal triangle is going to be completed

09 October 2015, EUR/USD

We assume that the euro/US dollar is to continue development of a horizontal triangle formed as the wave (iv).

To be finally formed, this model lacks a slight decline associated with development of the wave [e]. < / p>

Thus, in the near future, we expect a slight drop, in the course of which the horizontal triangle will take its final form.

 expected completion of the horizontal triangle.

Vasiliy Lukin
Analyst of «FreshForex» company
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