01.06.201112:14 Forex Analysis & Reviews: EUR/USD wave analysis for June 1, 2011

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Yesterday’s growth of the EUR/USD to the targets located above the 44 figure level might indicate the end of forming of the upside trend section initiated May 23. At the same time we cannot eliminate the possibility that the price will form even more complicates inner wave structure of the 5th wave in the c, in the estimated B. In the meantime, we should note the fact that if the euro cannot develop the upside movement, the euro will be able to decline to 1.4000.

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