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Corrective growth started

Corrective growth started | 01 September 2015

01 September 2015, EUR/USD

So far, everything here follows our expectations.

Following to the rapid decline, the price slowed down and began to rise slowly.

This growth is obviously driven by beginning of development of the correctional wave b of [ii] a presumably formed zigzag.

So, if this assumption is correct, in the near future we expect continued growth within the emerging correction.

Corrective growth began.

Vasiliy Lukin
FreshForex Analyst
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