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EUR / USD Wave analysis and forecast for 11.03 - 18.03: The uptrend in force.
Estimated pivot point is at 1.0820.
Analysis: Presumably, formation of the fifth wave (v) of i. Locally, apparently formed by a third wave junior iii of (v) in the form of a pulse, and is currently developed as a fourth correction wave iv. If the assumption is true, after completion of the correction is logical to expect continuation of growth of pair within the fifth wave v of (v) to the level of 1.1400.
Estimated pivot point is at 1.0820.
Analysis: Presumably, formation of the fifth wave (v) of i. Locally, apparently formed by a third wave junior iii of (v) in the form of a pulse, and is currently developed as a fourth correction wave iv. If the assumption is true, after completion of the correction is logical to expect continuation of growth of pair within the fifth wave v of (v) to the level of 1.1400.
