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Ascending scenario is still relevant

21 December 2015, EUR/USD

Considered scenario is still relevant .

Let me remind you that probably at the moment the development of the wave ii of emerging upward impulse is finishing.

Thus, in the near future an impulse move in the upward direction caused by formation of the wave iii is probable.

Based on these considerations, my Buy trades remain open , although we should not exclude that the correction will be deeper than at present.

Ascending scenario is still relevant

Vasiliy Lukin
Analyst of «FreshForex» company
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