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Wave b is expected to develop

Wave b is expected to develop | 03 September 2015

03 September 2015, EUR/USD

The pair is still in correction, it is clearly from the fact that every movement in any direction is played back immediately.

Correction is likely to take the form of a simple Zigzag, in which currently the wave b continues its development.

Thus, in the near future, we expect growth caused by development of the above-mentioned correctional wave, and then decline of the pair will resume.

Vasiliy Lukin
FreshForex Analyst
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