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Correction

Correction | 10 March 2016

10 March 2016, EUR/USD

Situation on this pair confirms our expectations.

After some growth, the pair starts decreasing probably within the borders of correction.

We assume that we can observe development of the second wave of rising impulse.

In this case flat of forming this wave could be long and take unusual form. In this situation it is better to observe price changes outside the market. When price renews local High, it will be the time to buy.

In correction.

Vasiliy Lukin
FreshForex Analyst
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