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Third impulse wave is expected

25 January 2016, EUR/USD

The Euro remains under a heavy bearish pressure and still can not find resources to resume growth.

As long as the current situation remains bullish, at the moment, we assume that the wave ii of the upward momentum is forming.

So, if this assumption is correct, in the near future we expect a strong impulse growth of the pair caused by development of the wave iii

Third impulse wave is expected

Vasiliy Lukin
FreshForex Analyst
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