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Euro

The dollar and the Euro while part of the same pair continued to give opposing views. So the Euro held the grey trendline shown below and discussed two days ago. Holding it we can consider one more alternate wave count. Instead of market the recent high as wave 1 of 3, we can think it is wave 4 of 3, the complexity is normal in wave 4 and it can be a triangle form, also known as a diamond. 

euro070418

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