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Analysis of EUR/USD and GBP/USD for March 17. Panic Does Not Leave the Markets. China “Adds Fuel to the Fire” With its Statistics

On March 16, the EUR/USD pair gained 65 basis points after an unsuccessful attempt to break the 61.8% Fibonacci level. Thus, there is more and more reason to complete the construction of wave 2. If this is true, then the increase in the quotes of the instrument will continue with the goals located near the 15th figure and higher.
by Jeff Wecker