ew-forecast

German Bund Can Stabilize and Recover The EURUSD Pair

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OANDA:DE10YBEUR   Bund
German Bund is nicely breaking above important trendline after a completed complex w-x-y corrective decline in wave B, which can now send the price higher for wave C towards 140 resistance area. If we respect a positive correlation between German Bund and EURUSD currency pair, then EURUSD could easily stabilize and recover.

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