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The upward movement is not finished yet

14 December 2015, EUR/USD

The considered pair spent the past trading week under the sign of bulls.

The pair grew, albeit not as fast as it had been growing two weeks ago, but all the same.

The wave scenario is fully implemented.

We assume that currently the wave iii of the upward momentum is being extended.

So, if this assumption is true, after a brief correction we expect continuation of impulse growth of the pair.

The upward movement is not finished yet

Vasiliy Lukin
Analyst of «FreshForex» company
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