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Back Wave analysis
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Back Wave analysis
EUR/USD Analysis – February 11. An Unexpected Surprise for the Dollar
The wave pattern on the 4-hour
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The wave pattern on the 4-hour chart for EUR/USD has taken on a less favorable appearance, but it does not raise major concerns. There is still no talk of canceling the upward trend segment that began in January of last year; only the internal wave structure is being adjusted from time to time. In my view, the pair has completed the formation of global wave 4 (lower chart). If this assumption is correct, then wave 5 has now begun and
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Chin Zhao,
Analytical expert of InstaForex
© 2007-2026
Summary
Urgency
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Alexander Dneprovskiy
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