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A downward scenario is still relevant

A downward scenario is still relevant | 17 May 2016

17 May 2016, EUR/USD

The considered bearish scenario still remains its relevance.

Therefore, in the near future we expected a resumed drop of the pair within the expected downward impulse, in particular, its third wave. Of course, I could add another Sell trade, but strange movements yesterday dissuade me from that, so we will be waiting for further steps of the market.

Vasiliy Lukin
FreshForex Analyst
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