Back Wave analysis
Back Wave analysis
EUR/USD. Analysis for December 21st. The dollar retreats on weak statistics
The wave analysis of the 4-hour
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The wave analysis of the 4-hour chart for the euro/dollar pair remains quite clear. Over the past year, we have seen only three wave structures that constantly alternate with each other. The construction of another three-wave structure - a downward one - is continuing. Perhaps the presumed waves 1 and 2 are completed, suggesting that the pair has moved on to building the third wave, which should lead to a decrease in the pair to the area of the 4th
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