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The moment of truth

03 August 2016, EUR/USD

So far, critical levels were not finalized by bulls, so there is a chance that there will be a decline boosted by the wave [v] of the wedge. My previous Sell trade was knocked by stop loss, so at the moment I am making a new attempt. Stop Loss has been set to a local High, which is very close to the price, and therefore the potential loss is also small.

Thus, the expectation of decline persists.

The moment of truth

Nikolay Krishtopov
FreshForex Analyst
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