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Back Wave analysis
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Back Wave analysis
Weekly Forecast Based on Simplified Wave Analysis for EUR/USD, USD/JPY, GBP/JPY, USD/CAD, NZD/USD, and Gold — November 9th
EUR/USDAnalysis:In the short term, the main
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EUR/USDAnalysis:In the short term, the main pair of the European currency continues to form an upward wave structure that began in early March of this year. A corrective phase has been developing within this structure in recent months. The wave's extremes form an extended flat pattern on the chart. The wave structure is in its final stage of formation, and the price is moving toward the daily time frame's support zone.Forecast:During the coming week, the euro's movement is expected to
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Isabel Clark,
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