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EURUSD to the Target and Beyond

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 8, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Back in 2015, on December 19th, the majority of market analysts expected EURUSD’s post-ECB gains to be completely erased very soon, especially with the FED having raised interest rates for for the first time since 2006. Instead of going with the flow, we published “Time for EURUSD Bulls to Shine Again?”. The article’s purpose was to warn the bears to calm down, because the Elliott Wave Principle suggested the bulls are likely to have the upper hand, regardless of what Draghi and Yellen were

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