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EUR/USD: weekly wave analysis

Weekly. The pair keeps forming the final wave [E], which is a part of the converging horizontal triangle B.

Daily. We expect the wave [E] to take the form of a Double Zigzag. In the near future will begin construction of a correctional wave bundle (x). Consider the layout of the impulse C of (w) to identify its final point.

H4. Wave C looks completely finished, because so does the wave impulse (5) of [5] of C. This week EUR/USD may start an upward movement, which then turns into a sideways movement. The alternative scenario is that the pair continues declining.

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