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EURO/DOLLAR-EUR/USD – Descending Bearish Channel – Elliott Wave Cycle

EURO/DOLLAR-EUR/USD

EURO/DOLLAR-EUR/USD has been trading since March 2015 what seems to be a very possible Descending Channel and a Complex Corrective ABCDE Structure which is very common for a Wave 4 in Elliott Wave Analysis. Recent comments on monetary policy from Mario Draghi (ECB President) pushed EURO/DOLLAR-EUR/USD towards new yearly highs which is exactly what was

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