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Decline

27 June 2016, EUR/USD

The trend breakdown was a signal to open Sell trades. Retest made this signal even stronger. This was how the wave iii of the descending impulse continued its development. There is a good potential for a deeper decline, so soon the pair will continue its downward movement within the frames of the considered wave iii of the bearish impulse.

Vasiliy Lukin
FreshForex Analyst
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